According to Leroy Laney, professor of economics and finance at Hawaii Pacific University, Hawaii should see a 1.5 percent increase in gross domestic growth in 2012 and a 2.3 percent growth next year. The strongest industry for the state has been tourism, but Laney added, ”There are some bright spots besides tourism. Those bright spots, in a housing market that shows signs of turning, in retailing, in auto sales and in some other areas, are cause for cautious optimism as we head into 2013. Our gradual recovery following the 2008-2009 Great Recession has been very slow, like everywhere else, but on a more optimistic note, it has been fairly steady.”
Source: Honolulu Star Advertiser, 10-31-2012, 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
Posted by Jeff Uyemura-Reyes, Broker-in-Charge, Realtor®
Global Executive Realty, LLC
www.myhawaiihomesearch.com
www.myhawaiicondo.com
www.myhawaiidreamhome.com
