Economy

...During the recession of 2008, the state government was forced to reduce the school week to four days, cut millions of dollars from social programs, and reduce public employee salaries by 5 percent....

...Hawaii is the 8th-richest state but has the 5th-lowest per capita income in USA....

...Reckless state spending is exhausting our emergency reserves....

...While visitor arrivals racked up another record year in 2019, real visitor spending fell last year as international spending languished. And now the coronavirus rears its ugly head....

...In times of crisis, we are likely to be held back by the same problems that affect us now — the doctor shortage, the shipping restrictions caused by the Jones Act....

...how Hawaii can avoid its looming major debt crisis, projected at the moment to total $88 billion the next 30 years....

...a case for the Hawaii community to focus on “the future fiscal capacity of Hawaii state and local governments.”....

...Included in the study are data on housing supply, demand, and estimates of housing units needed by levels of affordability....

...Ige plans to “boost” the construction industry by increasing the number of public works projects....

...The state’s population has been declining for the past three years, in part because of outward migration....

... Fitch Ratings upgraded the state’s general obligation bond rating from AA to AA+ ....

... Why is Hawaii falling behind? ....

...2nd-highest in the USA....

“...Year-to-date through September, total visitor spending was a negative 0.1 percent and value of private building permits decreased by 7.2 percent....”

...Wholesale trade was the leading contributor to slow growth in Hawaii....

... Economic freedom in Hawaii dropped three notches to 40th place among all 50 U.S. states ....

...if we work to do good for all people of Hawai'i, we end up helping Hawaiians....

...When supply can’t keep up with demand, prices go up....

...some cities know the key ingredients for long-term prosperity better than others....

...Troubled Waters: Charting a New Fiscal Course for Hawaii....

...Hawaii Construction Forecast....

...population decline and vacation rental crackdown place economy at risk....

...Obviously, Thanos wasn’t an economist....

...Hawai‘i’s natural resource management jobs were at least 4,697 in 2018....

...Probability of weak economic fundamentals in Q4 2019: 30.53%....

...The impact of the vacation rental ban on Oahu has not yet been seen in visitor arrivals....

... minimum wage, the Hawaii brain drain, and Trump tariffs ....

...The Manufacturing Scorecard shows how each state ranks among its peers in several categories that are of particular interest to site selection experts for the manufacturing and logistics industries....

...the impact on government employment ranged from three to 17 percent in the territories and close to 45 percent in the Federated States of Micronesia and the Republic of the Marshall Islands....

...Skousen discusses with host Keli'i Akina what free-market economics is and why we should promote it....

...“Let’s not kill the goose that lays the golden egg”....

...Hawaii residents have been moving away from the islands in droves in recent years; in fiscal 2017, more than 13,000 people departed — the highest negative net migration ever....

...Recently, we have been getting lots of news about our economy here in the islands, and none of it has been good....

...the Grassroot Institute of Hawaii “quietly chips away at the stone of economic issues in Hawaii”....

...conditions have shown little to no improvements in more recent years, with the state’s rank for this domain slipping from 30 in 2018 to 34 in 2019....

...I just gave Hawaii the best economic outlook in the country, and all it took was a few mouse clicks....

...For decades now, the young ones have heard this message loud and clear....

...low tech, low patents, low innovation....

...Thanks to the ultimate resource: the human mind....

...DOTAX justified the shroud of darkness surrounding its revenue projections with a theory, derived from federal Freedom of Information Act (FOIA) law, called “deliberative process privilege.”....

...lots of jobs sit unfilled as Hawaii has the 5th-lowest avg starting salaries (adjusted for cost of living) in the USA....

...DBEDT expects that Hawaii’s economy will continue the slower growth for the next few years between 1.2 and 1.4 percent....

...each has seen a falloff in tourism activity and a slowing of employment growth in a number of sectors....

...The number of visitor days remains below last year’s peak, with more worrying signs from falling visitor spending. Job growth has largely stalled and income gains have receded....

...Gross Domestic Product by State: Fourth Quarter and Annual 2018....

...Try out the “adjust performance” feature.  You can abolish the GE Tax and cut other taxes, eliminate public employees, enact a right to work law, raise or lower the minimum wage, and see how each move affects Hawaii’s economic performance....

...Hawaii policymakers cannot mandate people into prosperity....

...Economist Ken Schoolland and host Keli'i Akina discuss how economics and liberty interact as they explore a variety of public policy issues that impact our lives....

...Hawaii economic growth well below U.S. average over the past 10 years....

...Tourism challenges were not limited to the aftermath of flood and fire, but also reflected weakening in some key markets and a falloff in spending. At home, population growth has been negative for the past two years, weighing on demand....