Economy

...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....

...sugar is one of the most politically charged raw materials in the global economy....

...in the not-too-distant future all of America’s tuna will be caught by foreign vessels....

The categories in this report were chosen as those most likely to be considered by site selection experts for manufacturing and logistics firms....

...the share of income going to the “Dominant Class” increases while the share going to the “Lower Class” decreases steadily from the mid 1950s up to the present....

Last year’s tourism weakness continued in the first quarter of this year, and incremental gains for 2014 will be slight....

...In its second quarter 2014 statistics and economic report, the Department of Business, Economic Development and Tourism (DBEDT) projects stable economic growth in 2014 and beyond....

New report ranks Hawaii 36th in economic outlook and 17th in economic performance....

New condo towers in Kakaako are spurring double-digit growth in permits for residential construction. A sharp rise in commercial construction, much of it in resort areas, is on the horizon....

Is it a loss of wealth by the rich or an increase in wealth to the poor? The latter, according to research....

The council projected zero percent growth for the fiscal year that ends in June, down from 3.3 percent....

...the construction industry will lead the economic recovery with the fastest growth rate (16.7 percent), as well as by creating the most jobs (4,960)....

Dr. Akina interviews Professor Ken Schoolland and Sean Matsumoto of Japan’s Happy Science Academy....

Our projections for 2014 growth have been marked down....

...DBEDT economists slightly reduced the projected growth rate due to continued modest tourism growth but identified potential in construction....

Initial mentions of the economy, the recession, budget deficits and jobs have fallen from a high of 52% in 2010 to just 22% at the end of 2013....

...and a solid majority – 77 percent – supports continued military training exercises in Hawaii....

Hawaii's personal income growth had the lowest correlation and sensitivity to changes in national income levels....

From developments in China to politicians' pay....

Schoolland discusses the importance of economics education as a way to understand how the world works....

Growth is holding up in Hawaii, driven by still-strong tourism and rising construction....

Since 2000, the United States has fallen from a rating of 8.65 to 7.74....

The Congressional Budget Office just dropped a budget update on Washington, and it’s not good. The U.S. government is spending recklessly—and Obamacare is adding fuel to the fire....

... Tito Montes discussing the desperate need for welfare reform in Hawaii ....

The TPP has been behind closed doors for a long time. The wait will be more than worth it if a sound agreement is struck....

...the lumber industry is expected to enter a cycle where production demands remain strong and increase steadily over the next few years....

Washington, D.C., New Jersey, Hawaii, Massachusetts and California lead the nation with the healthiest prospective borrowers, all with scores above 90....

...due mainly to the lower inflation rate, the strong growth in the construction industry, and continued growth in tourism....

Musto discusses with Grassroot Institute’s president Keli’i Akina the similarities and differences between Detroit and Hawaii in light of Detroit’s recent declaration of bankruptcy....

1. Obamacare is going great.
2. I cut the deficit in half.
3. Middle-class income is stuck in the ’70s.

Obama says he’s ready to get back to the “kitchen table” issues after months of focusing on gun control, amnesty for illegal immigrants, and other tangents....

"...the budget includes new spending on program enhancements that could eventually result in fiscal pressure...."

Hawaii, which had been among the top ten states in previous studies, fell from 8th in 2008, to 11th in 2009, and now to 13th in 2012....

identify changeable policies so that Hawaii can move off the bottom of this list....

The 2013 Manufacturing and Logistics National Report shows how each state ranks....

RealtyTrac today released its U.S. Foreclosure Market Report....

...2012 was another year of strong tourism gains for Hawaii’s counties....