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DBEDT report predicts economic, population growth for Hawaii
Hawaii’s economy, measured by real gross domestic product, will grow at 1.7 percent per year between 2016 and 2045, according to a new report by the state Department of Business, Economic Development and Tourism. The state agency released the “Pop.....»»
DBEDT report shows slow consumer debt growth across the state
Total consumer debt increased 2.3% for Hawaii consumers year-over-year in Q2 according to a new report published by the state Department of Business, Economic Development and Tourism on Friday. Chief State Economist Eugene Tian, told PBN that while.....»»
Yelp: Hawaii towns among hardest hit by consumer declines due to Covid curbing travel
For Yelp's report, researchers collected information on business growth and consumer demand across 50 U.S. metros in Q4 of 2020 as part of the Yelp Economic Average, or YEA, a gauge of local economic strength......»»
Economic Report: U.S. growth slowed toward the end of 2019, leading index shows, but economy is stable
The economy slowed toward the.....»»
International students contributed $447M to Hawaii economy, DBEDT report finds
It turns out that students from other countries provide a significant boost to Hawaii's economy — to the tune of $447 million, according to a report from the state Department of Business Economic Development and Tourism that was released Wednesda.....»»
Report: Cap rates stable as wall of capital chases assets
A wall of domestic and global capital, above-trend economic growth, and a continued low interest rate environment led to broadly stable capitalization rates for U.S. commercial real estate assets in the first half of 201.....»»
International students contributed $498M to Hawaii economy, DBEDT study says
International students contributed $498 million to Hawaii’s economy in 2017, according to a new report by the state Department of Business, Economic Development and Tourism. The report, which analyzed the impact of international students on Haw.....»»
S&P 500 Due For "Classic 10% Correction," Wall Street Veteran Warns: Why They Expect Zero Rate Cuts In 2024
Wall Street veteran Ed Yardeni predicts a 10% market drop due to rising yields and strong economic growth, with no expected Fed rate cuts. read more.....»»
Economic Report: Flash U.S. PMI points to ‘spectacular acceleration of growth’ in May
The flash reading of the IHS Market U.S. composite purchasing managers index rose to record 68.1 in May from 63.5 in April, according to survey data released Friday......»»
Economic Report: U.S. manufacturing takes temporary step back in February as durable goods orders post first drop in 10 months
U.S. orders for long-lasting manufactured goods fell in February for the first time since last spring in a month pockmarked by severe weather, but the lapse in growth is likely to prove temporary as the economy regains momentum after a winter lull......»»
Economic Report: U.S. fourth-quarter economic growth raised slightly to 4.1%
The U.S. economy expanded at an annual 4.1% pace in the fourth quarter instead of 4%, revised government data show......»»
Economic Report: Services side of U.S. economy speeds up in January, signals faster growth
The huge service side of the U.S. economy grew faster in January and companies added more workers, signaling better times ahead as the record surge in coronavirus cases receded......»»
Hawaii defense report includes action plan to boost military spending
The Hawaii state Department of Business, Economic Development and Tourism's Defense Economy SWOT Analysis & Repor.....»»
Nobel laureate Paul Krugman predicts a swift, sustained economic recovery once vaccines are rolled out
"I'm in the camp that expects rapid growth once people feel safe going out and spending money," Nobel Prize-winning economist, Paul Krugman, said. REUTERS/Brendan McDermid Paul Krugm.....»»
Economic Report: New federal coronavirus cash should keep economy afloat until vaccines are widespread
The U.S. economy is getting a badly needed dose of adrenalin from a new round of federal aid, but growth is unlikely to accelerate sharply for a few months until the coronavirus vaccines are more widely distributed......»»
Economic Report: U.S. industrial output growth slips in November, pulled lower by utilities
Industrial production rose 0.4% in November, weighed down by a sharp decline in utilities, the Federal Reserve reported Tuesday......»»
Economic Report: Growth of Fed’s balance sheet slows, hitting new record of $6.70 trillion in latest week
Fed’s balance sheet is growing at a slower pace as market functioning improves......»»
Economic Report: Three years of eurozone economic growth wiped away as ECB’s Lagarde forecasts big drop for the year
Three years of the eurozone economy have been wiped away, and it is likely going to get worse......»»
Economic Report: U.S. GDP in the first quarter is going to be bad — and the damage is far from done
The spring is shaping up to post the biggest contraction in U.S. economic growth since the Great Depression in the 1930s, but the first quarter is also likely to be pretty bad......»»
UHERO: Hawaii businesses report reducing workforce by 220K people due to Covid closures
Hawaii businesses report reducing their collective workforces by about 220,000 people since Covid closures began, according to the results of a new survey published by the University of Hawaii Economic Research Organization. For its report, UHERO .....»»