According to the Kauai County Office of Economic Development, the island of Kauai’s economy will continue to be slow and sluggish for the foreseeable future. The government agency reported that there has been a slight rebound in the number of visitors that the island has seen in recent months, but unemployment rates remain high and the construction industry and home sales have been struggling. Island Matters LLC’s economist Ken Stokes stated, “Kauai’s economy is still moving mostly sideways. There are very few signs that the mostly flat trends we are seeing will rebound in the quarters just ahead.”
Source: Honolulu Star Advertiser, 4-4-2012, www.staradvertiser.com
Posted by Jeff Uyemura-Reyes, Broker-in-Charge, Realtor
Global Executive Realty, LLC
www.myhawaiihomesearch.com
www.myhawaiicondo.com
www.myhawaiidreamhome.com
