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Economy
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Friday, September 22, 2023 |
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Wildfires deliver heavy blow to Maui economy
By UHERO @ 4:30 PM :: 290 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 :: 1134 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 :: 1127 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 :: 1356 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 :: 1130 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 :: 1934 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 :: 1655 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 :: 1522 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 :: 1593 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 :: 1429 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 :: 1541 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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Monday, June 5, 2023 |
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Hawaii Economy 5th-Worst in USA
By Selected News Articles @ 4:19 PM :: 1323 Views :: Economy, Hawaii Statistics
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... some contribute more than others ....
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Thursday, June 1, 2023 |
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DBEDT: Economic Recovery Continues in Hawaii
By News Release @ 5:16 PM :: 1083 Views :: Economy, Hawaii Statistics
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... projected economic growth rates for Hawai‘i for both years are better than the expected growth rates for the nation ....
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Friday, May 12, 2023 |
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Promise and peril for Hawaiʻi’s economy, UHERO forecasts
By UHERO @ 6:01 PM :: 1466 Views :: Economy
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... A national recession will weigh on Hawaiʻi later this year ....
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Friday, March 10, 2023 |
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UHERO Report predicts challenging year for Hawaii tourism
By Selected News Articles @ 7:09 PM :: 1400 Views :: Economy, Tourism
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"...While international tourism will continue to recover, domestic travel will soften as the US economy contracts later this year...."
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Friday, March 3, 2023 |
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DBEDT: Hawaii Economy Still Recovering from COVID
By News Release @ 11:01 AM :: 1349 Views :: Economy, Hawaii Statistics
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... DBEDT kept its economic growth projections for 2023 and 2024 at 1.7 percent and 2.1 percent, respectively ....
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Friday, March 3, 2023 |
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Hawaii's Best & Worst Cities at Personal Money Management
By Selected News Articles @ 3:32 AM :: 1501 Views :: Family, Economy, Hawaii Statistics
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... It’s clear that some people are better than others at handling their finances ....
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Friday, February 24, 2023 |
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Report: Hawaii's hotel revenue back to pre-pandemic levels
By Selected News Articles @ 11:22 PM :: 1574 Views :: Economy, Hawaii Statistics, Tourism
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... With the average hotel occupancy projected to be about 63% across the nation this year, Hawaii is projected to have a 78% occupancy rate. Its rate in 2019 was 80%, the report showed ....
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Saturday, February 11, 2023 |
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A ‘Capitol Convo’ about Hawaii’s high cost of living
By Grassroot Institute @ 7:10 PM :: 1194 Views :: Economy, Hawaii State Government, Taxes
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... factors that contribute to the state’s high cost of living, such as its high cost of housing, high taxes, boondoggle projects, shortage of medical professionals and more ....
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Saturday, February 11, 2023 |
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How Fast is Hawaii’s Economy Growing?
By Selected News Articles @ 6:52 PM :: 1013 Views :: Economy, Hawaii Statistics
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... The 3.3% annualized expansion rate was the 17th largest ....
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Sunday, January 15, 2023 |
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Searching for a Side Job? In Hawaii you've got lots of company
By Selected News Articles @ 9:02 PM :: 1302 Views :: Economy, Hawaii Statistics, Labor, Cost of Living
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... According to recent data, searches for side jobs have seen an increase of 49.89%, with Hawaii ranking sixth among the states ....
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Thursday, January 5, 2023 |
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Hawaii COVID Economy: Working only Two Jobs Instead of Three
By UHERO @ 3:26 PM :: 1407 Views :: Economy, COVID-19
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... "7.2% of the individuals were furloughed, or reduced their working hours while 6.6% of them reported having someone in their family furloughed or reducing working hours" ....
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Thursday, December 22, 2022 |
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American Dream? Hawaii Business Environment Worst in USA
By News Release @ 11:52 AM :: 1409 Views :: Economy, Hawaii Statistics
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... According to the Index, Hawaii’s areas for improvement include business environment (ranked 51st), economic quality (ranked 51st), infrastructure (ranked 35th) and education (ranked 28th) ....
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Tuesday, December 20, 2022 |
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Hawaii November Unemployment 3.3%
By News Release @ 7:36 PM :: 1458 Views :: Economy, Hawaii Statistics, Labor, Small Business
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... Jobs increased by 25,800 over-the-year ....
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Saturday, December 17, 2022 |
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Report: Inflation is easing in Honolulu
By Selected News Articles @ 4:50 PM :: 1281 Views :: Economy, Hawaii Statistics
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... Honolulu showed a Consumer Price Index change of -0.6% over the last two months ....
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Saturday, December 17, 2022 |
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UHERO: Severe economic downturn unlikely for Hawaiʻi
By UHERO @ 1:54 AM :: 1211 Views :: Economy, Tourism
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... Rising interest rates, dwindling pandemic era savings and the coming U.S. downturn will cause a pause in growth next year. But the belated recovery of the Japanese visitor market and surging public sector construction will prevent a recession in the islands ....
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Wednesday, December 14, 2022 |
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The effects of the pandemic on the economy of Hawaii
By UHERO @ 10:58 PM :: 1302 Views :: Economy, COVID-19
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... comparing the actual outcomes during the affected period with the pre-pandemic forecast ....
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Friday, December 2, 2022 |
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DBEDT Economic Projections Unchanged
By News Release @ 9:17 PM :: 1062 Views :: Economy, Hawaii Statistics
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... DBEDT kept economic growth projections for 2022 and 2023 for the State unchanged at 2.6 percent and 1.7 percent, respectively ....
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Friday, October 21, 2022 |
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Hawaii Unemployment Drops to 3.5%
By News Release @ 3:59 AM :: 1437 Views :: Economy, Hawaii Statistics, Labor
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...Job gains occurred in Leisure & Hospitality (+2,700); Education & Health Services (+500); Construction (+400); and Professional & Business Services (+200)....
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Friday, September 23, 2022 |
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UHERO: US recession will weigh on Hawaii’s recovery
By UHERO @ 12:23 PM :: 1337 Views :: Economy
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... high inflation, higher travel costs, and the Fed’s interest rate hikes will still adversely impact Hawaii households and businesses ....
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Thursday, September 1, 2022 |
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DBEDT lowers Hawai‘i economic growth projections for 2022 and 2023
By News Release @ 3:43 PM :: 1115 Views :: Economy
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... DBEDT lowered Hawai‘i economic growth projections for 2022 and 2023 mainly due to the declining investment caused by the increasing of interest rates and inflation ....
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Saturday, August 20, 2022 |
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Hawaii Construction Employment Down 6.6%
By News Release @ 9:02 PM :: 1273 Views :: Economy, Hawaii Statistics
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... Hawaii had the second-largest percentage shortfall -6.6 percent, -2,500 jobs ....
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Saturday, August 6, 2022 |
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States Where Unemployment Claims Are Decreasing the Most--Hawaii 45th
By Selected News Articles @ 6:19 PM :: 1990 Views :: Economy, Hawaii Statistics, Labor, Tourism, COVID-19
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... based on changes in unemployment claims for several key benchmark weeks ....
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Saturday, July 23, 2022 |
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COVID Unemployment Recovery -- Hawaii 48th
By Selected News Articles @ 9:08 PM :: 1498 Views :: Economy, Hawaii Statistics, COVID-19
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... Changes in Unemployment Rate by State ....
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Monday, July 18, 2022 |
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CNBC: America’s Top States for Business--Hawaii 46th
By Selected News Articles @ 5:03 PM :: 1490 Views :: Economy, Hawaii Statistics, Small Business
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... To rank America’s Top States for Business in 2022, CNBC scored all 50 states on 88 metrics in 10 broad categories of competitiveness ....
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Sunday, July 3, 2022 |
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It’s the Economy, Mooooo
By Tom Yamachika @ 6:00 AM :: 1462 Views :: Economy, Hawaii Statistics
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... “2022’s Best and Worst State Economies.” In that site, our humble little state had lots of reasons to be humble, coming in at a bottom-scraping 48th ....
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Saturday, July 2, 2022 |
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Hawaii housing starts jump 28.2%
By Selected News Articles @ 11:47 PM :: 1601 Views :: Development, Economy, Cost of Living
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... Hawaii rate of increase second only to Massachusetts ....
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Sunday, June 26, 2022 |
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Pearl City -- Highest Credit Card Debt in USA
By Selected News Articles @ 3:05 AM :: 2141 Views :: Honolulu County, Economy, Hawaii Statistics, Cost of Living
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... total outstanding credit card debt stood at $222.6 million in the first quarter of 2022, or an average of $15,709 per household ....
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Tuesday, June 21, 2022 |
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COVID Unemployment Bounce Back? Hawaii 48th
By Selected News Articles @ 3:34 AM :: 1589 Views :: Economy, Hawaii Statistics, COVID-19
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... In May, there were notable gains in sectors including leisure and hospitality but Hawaii still lags ....
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Monday, June 20, 2022 |
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Hawaii Loses 4.3% of Construction Jobs
By News Release @ 5:57 PM :: 1883 Views :: Development, Economy, Hawaii Statistics, Labor
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... Hawaii lost 1,600 construction jobs, -4.3 percent, the largest percentage loss in USA ....
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Sunday, June 19, 2022 |
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Hawaii's labor force participation rate increasing, jobs report shows
By Selected News Articles @ 5:08 PM :: 1662 Views :: Economy, Hawaii Statistics, Labor, Small Business
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... Hawaii's labor force increased by 7,400 people from May 2021 to May 2022 ....
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Sunday, June 19, 2022 |
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We can do something about inflation
By Keli'i Akina PhD @ 5:17 AM :: 1257 Views :: Economy
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... From a rate of 1.9% in 2018, inflation jumped to 7.1% in 2021 and was 8.2% as of April 2022 ....
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Tuesday, June 14, 2022 |
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How much profit are private labs earning from PCR testing?
By UHERO @ 12:00 PM :: 1763 Views :: Economy, Health Care, COVID-19
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“...In many concentrated insurance markets such as Hawaiʻi, insurers have few incentives to negotiate lower prices. They can easily pass these costs onto premiums without losing market share....”
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Tuesday, June 7, 2022 |
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Biden Admin Claims Hawaii is Economic Success Story
By News Release @ 2:07 PM :: 1725 Views :: Economy, Hawaii Statistics, COVID-19
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"...In the largest sector (government), the Hawaii economy added 400 jobs between January 2021 and April 2022...."
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Monday, June 6, 2022 |
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State Economy: Hawaii Ranks 48th
By Selected News Articles @ 5:47 PM :: 1350 Views :: Economy, Hawaii Statistics
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... 2022’s Best & Worst State Economies ....
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Wednesday, June 1, 2022 |
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DBEDT Projects Hawaii economic growth unchanged at 3.2 percent
By News Release @ 5:44 AM :: 1036 Views :: Economy
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... despite U.S. economic growth projections being revised downward ....
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Thursday, May 12, 2022 |
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UHERO: Real income will decline 5% this year
By UHERO @ 3:00 PM :: 1645 Views :: Economy, Tourism, Cost of Living
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... Inflation in the Islands hit 7.5% in March ....
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Thursday, April 28, 2022 |
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Visitor Arrivals Reach 85% of March 2019 Level
By News Release @ 7:46 PM :: 1477 Views :: Economy, Hawaii Statistics, Tourism
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... and total spending by visitors who came to the islands in March 2022 was $1.53 billion, which was higher compared to the $1.49 billion (+2.5%) reported for March 2019 ....
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Monday, April 25, 2022 |
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Honolulu 5th Lowest Small Business Growth
By Wallet Hub @ 3:30 PM :: 1739 Views :: Economy, Hawaii Statistics, Small Business
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... Honolulu business environment ranks 84th of 100 large cities in USA ....
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