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Economy
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Wednesday, February 12, 2025 |
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Honolulu 4th Highest Inflation in USA
By Selected News Articles @ 2:02 PM :: 254 Views :: Honolulu County, Economy, Hawaii Statistics, Cost of Living
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... Honolulu inflation is up 1% in just the last two months ....
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Friday, January 3, 2025 |
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Aging and Hawaii’s Generational Economy
By UHERO @ 11:40 PM :: 845 Views :: Economy, Hawaii Statistics, Health Care
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...By 2035 one in four people in Hawaii will be 65 or older....
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Tuesday, December 31, 2024 |
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Insider Giveaway? Hawaiian Electric Announces Sale of American Savings Bank
By Andrew Walden @ 2:05 PM :: 2211 Views :: Maui County, Energy, Economy
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... Sale price of $405M for 90.1% of ASB suggests that the sale is a 50%-off giveaway to ASB insiders ....
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Friday, December 13, 2024 |
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UHERO: 'Housing affordability continues to deteriorate'
By UHERO @ 12:29 PM :: 730 Views :: Economy, Cost of Living
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... The median price of a single-family home is up 9% statewide and 15% on Maui this year, and mortgage rates hover near 7%. Rising homeowner insurance premiums ....
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Wednesday, December 11, 2024 |
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Survey: 40% consider moving out of state
By News Release @ 3:54 AM :: 1224 Views :: Economy, Hawaii Statistics, Cost of Living
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... The economy (73%), personal finances (73%), and housing costs (64%) rank as the most significant stressors for residents, particularly for households with incomes below $50,000 ....
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Wednesday, December 4, 2024 |
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DBEDT: Tax Reform Improves Economic Outlook
By News Release @ 8:50 PM :: 861 Views :: Economy, Taxes, Cost of Living
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... With the income tax reform and the increase in the supply of affordable housing, we expect that living in Hawaii will be more affordable and our state’s outmigration will be mitigated ....
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Thursday, November 28, 2024 |
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October Tourist Count up 5.4%
By News Release @ 2:16 PM :: 831 Views :: Economy, Hawaii Statistics, Tourism
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... The statewide average daily census was 208,032 visitors in October 2024 ....
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Tuesday, November 12, 2024 |
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Dramatic Decrease in Tourism Spending in Hawaii Affecting Small Businesses
By News Release @ 1:15 AM :: 1672 Views :: Economy, Hawaii Statistics, Small Business, Tourism
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... Real visitor spending as of today is actually below where we were in the late 1980s ....
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Tuesday, October 8, 2024 |
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One year after the wildfires: Rents up 43%, Poverty Doubles
By UHERO @ 2:58 PM :: 1101 Views :: Maui County, Economy, Cost of Living
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... 29% of fire-affected households now live below the poverty line, compared to 14% before the fires ....
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Friday, September 20, 2024 |
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Lagging Maui recovery, slower overall Hawaiʻi growth, UHERO forecasts
By UHERO @ 6:00 AM :: 1101 Views :: Maui County, Economy, Hawaii Statistics
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... Hawaiʻi has long seen dismal growth in per capita income, hampering our ability to attract in-migration of new families or to provide opportunities that would prevent out-migration of Hawaiʻi residents ....
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Friday, September 6, 2024 |
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DBEDT: With Tourism Down, Growth Remains Anemic
By News Release @ 3:55 PM :: 1204 Views :: Economy, Hawaii Statistics, Tourism
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... DBEDT kept its economic growth projections for 2024 unchanged from the previous quarter, at 1.3 percent ....
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Sunday, September 1, 2024 |
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Hawaii National Parks Attract 4,764,320 Tourists
By News Release @ 3:55 PM :: 1337 Views :: Environment, Economy, Hawaii Statistics, Tourism
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... Haleakala Park saw a 27% decrease in visitors in 2023 compared to 2022 ....
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Friday, August 30, 2024 |
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Tourist Count Down, Spending Up
By Selected News Articles @ 2:08 PM :: 2121 Views :: Economy, Hawaii Statistics, Tourism
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... The number of visitors is down 1% from July 2023. But spending by tourists, when adjusted by inflation, is up 2.6% from last year at $207 billion ....
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Thursday, August 15, 2024 |
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Honolulu 5th Highest Inflation in USA
By Selected News Articles @ 3:11 AM :: 1262 Views :: Economy, Hawaii Statistics, Cost of Living
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... 4.5% increase vs 1 year ago ....
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Wednesday, July 17, 2024 |
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The future’s so bright, I gotta wear shades
By Keli'i Akina PhD @ 8:42 PM :: 848 Views :: Economy
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... a scholarly contradiction of the myth that population growth must lead to scarcity ....
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Tuesday, July 2, 2024 |
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UHERO: Where can Hawaiʻi diversify its economy?
By UHERO @ 10:26 PM :: 1129 Views :: Agriculture, Economy, Tourism
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... industries with significant growth potential that are currently facing obstacles such as inadequate infrastructure, skills shortages, and market and government failures ....
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Thursday, June 27, 2024 |
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May 2024: Tourism Declines Again
By News Release @ 5:59 PM :: 1262 Views :: Economy, Hawaii Statistics, Tourism
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... tourist count down 4.8%, spending down 4.0% ....
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Friday, June 14, 2024 |
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$11.3B Loss: Elimination of TVRs Would Drive Hawaii into Economic Depression
By News Release @ 3:01 PM :: 2616 Views :: Maui County, Economy, Small Business, Tourism
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... Study shows short-term rentals generated $2.2 billion in economic activity for Maui and $11.3 billion across Hawaii in 2023 ....
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Friday, June 7, 2024 |
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DBEDT Projects 'Sluggish' Economic Growth in Aftermath of Lahaina Fire
By News Release @ 3:23 PM :: 1253 Views :: Maui County, Economy, Hawaii Statistics, Tourism
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... Between January and April 2024, visitor arrivals by air to Maui County fell 24.0 percent and expenditures decreased 22.6 percent compared to the same four months in 2023 ....
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Wednesday, June 5, 2024 |
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Hawaii Per-Capita GDP Grows as Young Families Flee Hawaii
By Andrew Walden @ 3:25 AM :: 1340 Views :: Economy, Hawaii Statistics
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... Young families are leaving Hawaii. Rich retirees are moving in. The result is a sharp increase in per capita GDP ....
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Monday, June 3, 2024 |
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Hawaii 2nd-Worst Economy in USA
By Selected News Articles @ 4:45 PM :: 1717 Views :: Economy, Hawaii Statistics
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... Innovation Potential: 50th ....
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Friday, May 31, 2024 |
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April 2024 Tourist Spending and Arrivals Down Sharply
By News Release @ 4:33 PM :: 1590 Views :: Economy, Hawaii Statistics, Tourism
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... There were 753,551 visitors to the Hawaiian Islands in April 2024, down 8.9 percent from the same month last year. Total visitor spending measured in nominal dollars was $1.51 billion, which was a 12.6 percent drop from April 2023 ....
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Sunday, May 26, 2024 |
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‘Deadly Cocktail’: Hawaii Still Reeling From Job Losses Four Years After The Pandemic
By Selected News Articles @ 6:53 PM :: 1500 Views :: Economy, Hawaii Statistics, COVID-19
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... There are still around 27,800 fewer jobs in Hawaii than before the COVID-19 pandemic ....
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Saturday, May 11, 2024 |
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UHERO: 'Population slowing will reduce future growth'
By UHERO @ 2:58 AM :: 1893 Views :: Maui County, Economy, Tourism
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... Hawaii’s economy will grow at a slower pace than in past years ....
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Wednesday, May 1, 2024 |
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Tourist Spending and Arrivals Down for March
By News Release @ 7:37 PM :: 1559 Views :: Economy, Hawaii Statistics, Tourism
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... There were 855,537 visitors to the Hawaiian Islands in March 2024, down 5.0 percent from a year ago. Total visitor spending measured in nominal dollars was $1.76 billion, which was a drop of 4.2 percent compared to March 2023 ....
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Thursday, April 11, 2024 |
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Study STR economic impact before banning them
By Grassroot Institute @ 11:34 PM :: 2758 Views :: Hawaii County , Economy, Hawaii Statistics, Small Business, Tourism
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“...30% respondents reported that if there was not a home and vacation rental option during their recent stay in Hawaii, they would not have made the trip....”
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Thursday, March 7, 2024 |
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DBEDT Forecast: 1.5% Economic Growth for 2024
By Selected News Articles @ 2:31 AM :: 1973 Views :: Economy, Hawaii Statistics
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... Though visitor spending decreased by 4.5 percent in January 2024, state general excise tax (GET) collections were up by 2.4 percent during the same month, an increase which can be attributed to household spending ....
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Friday, February 23, 2024 |
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UHERO: Hawaii Economy Slowing
By UHERO @ 6:17 AM :: 1988 Views :: Maui County, Economy, COVID-19
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... disasters from COVID to Lahaina are the only thing holding Hawaii's economy together ....
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Tuesday, February 20, 2024 |
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Hawaiʻi’s future jobs: 70% require postsecondary education by 2031
By UHERO @ 1:55 PM :: 1905 Views :: Economy, Higher Education
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“...I think there is a misconception now that there are jobs that are great right here in Hawaiʻi that you can get right after high school with just a high school diploma and that’s just not the case....”
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Friday, February 2, 2024 |
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Kalani HS Wins 2024 Hawaiʻi LifeSmarts State Competition
By News Release @ 11:59 PM :: 3521 Views :: Education K-12, Family, Economy
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“...Hawaiʻi currently holds the national championship title...."
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Sunday, January 28, 2024 |
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Proposed STR regulations pose threat to Hawaii Island economy
By Grassroot Institute @ 6:39 PM :: 2245 Views :: Hawaii County , Economy, Small Business, Tourism
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“...30% respondents reported that if there was not a home and vacation rental option during their recent stay in Hawaii, they would not have made the trip....”
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Saturday, January 27, 2024 |
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Yet Another Report on How to Improve Hawaii's Competitiveness
By News Release @ 4:59 PM :: 1817 Views :: Economy
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... Over the years there have been many reports, plans, and efforts to improve Hawaii’s economy, with mixed success ....
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Friday, January 26, 2024 |
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Chamber of Commerce: 2030 Blueprint Hawaii to Grow Jobs
By Andrew Walden @ 11:25 PM :: 213 Views :: Development, Economy, Small Business
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... addressing significant obstacles that are slowing the economy in the post-pandemic period ....
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Tuesday, January 16, 2024 |
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Tuesday, December 12, 2023 |
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DBEDT Projects 'Low' Economic Growth for 2024
By News Release @ 4:00 AM :: 1698 Views :: Economy, Hawaii Statistics
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... DBEDT lowered the economic growth rate for 2024 to 1.3 percent ....
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Sunday, December 3, 2023 |
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Accounts in Distress? Hawaii Ranks 5th in USA
By Selected News Articles @ 3:28 AM :: 1742 Views :: Economy, Hawaii Statistics, Cost of Living
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... States with the Most People in Financial Distress in 2023 ....
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Sunday, November 26, 2023 |
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Will history someday record an 'economic miracle' for Lahaina?
By Keli'i Akina PhD @ 2:20 AM :: 2152 Views :: Maui County, Development, Economy, Land Use
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... how many years will depend on which path is taken ....
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Wednesday, October 11, 2023 |
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Hawaii Among Five Worst 'Sinkhole States'
By News Release @ 12:00 AM :: 3659 Views :: Economy, Hawaii State Government, Hawaii Statistics
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... The report found that Hawaii's financial condition improved in 2022, but the state still needed $11.4 billion to pay its bills ....
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Friday, September 22, 2023 |
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Wildfires deliver heavy blow to Maui economy
By UHERO @ 4:30 PM :: 2366 Views :: Maui County, Economy, Hawaii Statistics, Tourism
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... Hawaii economists say Lahaina locals could be priced out of rebuilt town without zoning changes ....
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Saturday, September 9, 2023 |
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Economic Perspective of Maui’s Devastating Wildfires
By UHERO @ 3:35 AM :: 2235 Views :: Maui County, Economy
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“Tourism…dropped off the edge of the Earth.”
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Friday, September 8, 2023 |
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Maui losses at $11 million a day since fires
By Selected News Articles @ 5:51 AM :: 2362 Views :: Maui County, Economy, Tourism
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...DBEDT reduces its economic growth projections for Hawaii from 1.8% for 2023 to 1.1% and from 2% to 1.5% for 2024....
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Tuesday, September 5, 2023 |
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Economic growth is our only way out
By Keli'i Akina PhD @ 4:17 PM :: 2385 Views :: Maui County, Economy, Taxes
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... we cannot afford to further burden our economy with our usual high-tax and high-spending habits ....
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Sunday, September 3, 2023 |
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Hawaii's economic future depends on what our children learn today
By Grassroot Institute @ 8:08 PM :: 2227 Views :: Education K-12, Economy
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... best-selling author Connor Boyack will explain why the next generation is critical to ensuring justice and prosperity ....
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Tuesday, August 15, 2023 |
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"We would probably see a mass exodus from Maui."
By Selected News Articles @ 12:40 PM :: 3036 Views :: Maui County, Economy, Tourism
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... "It would be potentially catastrophic if no one traveled to the island," Green said ....
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Thursday, July 20, 2023 |
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Hawaii's unemployment rate down slightly
By Selected News Articles @ 6:41 PM :: 2557 Views :: Economy, Labor
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... but the number of jobs decreased ....
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Wednesday, July 19, 2023 |
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American Samoans fear tuna fishing limits in Pacific Ocean sanctuary could threaten their livelihood
By Court House News @ 1:50 PM :: 2623 Views :: Environment, Economy
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... The industry supports about 5,000 jobs in American Samoa, chief among those a StarKist Co. tuna cannery ....
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Thursday, June 22, 2023 |
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Hawaii finances ‘unsustainable’ without economic growth
By Grassroot Institute @ 4:58 PM :: 2565 Views :: Economy, Hawaii State Government
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" ... if the government spending is growing faster than the private sector, then it is unsustainable .... "
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Friday, June 16, 2023 |
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Hawaii May Unemployment 3.1%
By News Release @ 2:34 PM :: 2639 Views :: Economy, Hawaii Statistics, Labor
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... in comparison with March 2020 (the last month prior to pandemic effects), nonfarm jobs were down by 24,200, or -3.7 percent ....
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Thursday, June 15, 2023 |
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Hawaii Worker Productivity Drops Sharply
By Selected News Articles @ 4:15 PM :: 2757 Views :: Economy, Hawaii Statistics, Labor
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... Energy-producing and tourism-dependent states took the biggest hits in productivity: Hawaii was down 5.3% to $75.39 ....
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