Economy

The Department of Business, Economic Development and Tourism (DBEDT) released its first quarter 2016 Statistical and Economic Report.... 

...three sectors that are key to future sustainability in Hawai‘i - energy, agriculture and natural resource management....

...the state’s economy will continue to suffer until the regulatory barriers and crippling tax rates for businesses are removed....

'Rich States, Poor States' Report Provides Road Map to Prosperity for Aloha State....

The comparative survey of economic freedom is based on ten different factors in the areas of government spending, taxes, and labor market freedom....

Next year will see some easing of visitor growth....

The report indicates a shift in the visitor market....

Hawaii residents had the highest financial well-being in the nation in 2014, followed closely by Alaska residents....

What could make this rating go up--Increased economic diversification and reduced economic volatility....

WalletHub compared 515 U.S. cities across 10 key metrics, ranging from population growth rate to unemployment rate decrease....

Tourism is pushing toward new records, and the construction upswing is building in strength....

...areas with restrictive land use regulations, often referred to as “smart growth,” were hit the hardest when housing crisis hit....

Hillview, Ky. filing for Chapter 9 bankruptcy in late August, brought the national total of municipal bankruptcies to 14 since 2008....

"...we haven’t seen the 5.0 to 6.0 percent economic growth rates experienced during the previous business cycle...."

DCCA Cable Television Divison received an application from Charter Communications, Inc. and Time Warner Cable, Inc....

If California is America’s future, then that future is overrun with poverty....

Tourism will see additional healthy gains on the Neighbor Islands for the next two years, before rising occupancy and costs begin to bring down growth rates, something that has already occurred on Oahu....

...mainly due to the slower than expected growth of the U.S. economy during the first quarter and the decline in Japanese visitor spending....

Honolulu Ranks 101st: 95th for 'Professional Opportunities' and 107th for 'Quality of Life'....

Outshipments of seed are projected to total 7.97 million pounds during the 2013-14 season, down 3 percent from the revised 8.25 million pounds shipped during the previous season....

The percentage of people overspending their income is twice as high in Hawaii and Nevada than in Maryland....

...Assuming affirmative resolution of ongoing entitlement battles for Hoopili and Koa Ridge, single-family building will begin to pick up over the next two years....

This translates to an additional $191.4 million in anticipated revenues to the state general fund for fiscal biennium 2016-17....

NELHA currently accommodates 37 tenants ranging from companies bottling deep sea water to solar and biofuel companies....

...not all damage from the past recession has been repaired....

...America's public debt "exceeds the value of the economy's annual production."....

...the measures proposed stop short of what is needed for long-term reform and robust development of the Hawaii economy....

Carl Bonham presented this 2014 economic recap and 2015 forecast on January 20, 2015 at an event hosted by the Chamber of Commerce Hawaii....

Hawaii ranks 4th with 32,829 millionaire households out of 473,750 total households = 6.93%....

The drop in crude oil prices from $112/ barrel in June of 2014 to $46/barrel today will, if sustained, provide a nice boost to Hawaii’s economy....

Top concerns include the state economy, education, the Hawaii Health Connector, oversight of the Public Utilities Commission in light of the Hawaiian Electric Industries/NextEra merger, and positively affecting the cost of living for Hawaii residents....

Including indirect and induced benefits and adjusting for inter-county feedback and spillover effects, the astronomy sector had a total impact of $167.86 million statewide....

Completing the agreement will create the largest free trade area, in terms of both goods and services, in which the United States participates....

"Hawaii's poor ranking--tied for 40th out of all states and in the bottom 3rd quartile overall--demonstrates the need for statewide economic reform," stated Keli'i Akina, Ph.D., President of the Grassroot Institute....

Emphasis should be on creating opportunity, stronger economy....

... it’s one of the reasons that Hawaii has the highest cost of living in the nation ....

Weak tourism and federal downsizing are holding down growth.  Construction has disappointed this year....

As of June 30, 2013, Hawaii’s 11% top individual rate was second only to California....

...The government bought ice here so no one else could buy the ice....

Elections are happening every day. People are constantly voting, with their dollars and with their feet....

Hawaii is ranked the worst state in three categories....

Rich States, Poor States: ALEC-Laffer State Economic Competitiveness Index is an annual economic competitiveness study....

...October 3, 2014 at Halekulani, 7:30am to 4:30pm....

The Hawaii Council On Revenues Now Forecasts The State Will Have $100 Million Less In Tax Revenues Because Of A Slowing Economy....

...and no other sector has yet emerged to provide offsetting stimulus....

...The new fiscal year 2014 forecast is minus 1.8 percent, down from a negative 0.4 percent in May, a difference of about $72 million....

...Honolulu performed better through the recession than most other major American cities. Unfortunately, Honolulu’s recovery was not as impressive....

Under the most severe scenario, Schofield would lose about 16,000 employees, leaving 2,441 on base....