Economy

Hawaii’s Budget May Be Smaller Than Expected This Year, Council Says David Croxford/Civil Beat/2023

Hawaii’s Budget May Be Smaller Than Expected This Year, Council Says

The Council on Revenues lowered its forecast for how much tax revenue it anticipates the government will collect.

‘Ramping It Up On Steroids:’ Defense Contractor Wants A Bigger Role In Hawaii’s Economy Stewart Yerton/Civil Beat/2023

‘Ramping It Up On Steroids:’ Defense Contractor Wants A Bigger Role In Hawaii’s Economy

The once low-profile firm Booz Allen Hamilton is making a push to connect with the community and fill jobs to face China.

Economist: Green’s Proposed Tax Plan For Struggling Families Needs Some Tweaking David Croxford/CivilBeat/2023

Economist: Green’s Proposed Tax Plan For Struggling Families Needs Some Tweaking

State tax officials say language has already been drafted to address concerns that lawmakers will need to add to the bill.

Is Hawaii Ready For The Governor’s Tax Cut Plan? Lawmakers Aren’t So Sure David Croxford/CivilBeat/2023

Is Hawaii Ready For The Governor’s Tax Cut Plan? Lawmakers Aren’t So Sure

The proposed legislation would offer relief for Hawaii workers but also would reduce state tax collections at an uncertain time.

Renewable Energy Projects Are Back On Track After Pandemic Lull Nathan Eagle/Civil Beat/2023

Renewable Energy Projects Are Back On Track After Pandemic Lull

Supply chain challenges are easing, allowing Hawaii utilities to step up efforts to go green by 2045.

UHERO: Hawaii May Escape A Recession Cory Lum/Civil Beat/2022

UHERO: Hawaii May Escape A Recession

But the weakened yen has slowed down the return visitors from Japan.

Hawaii Economic Chief: Start Over On The State’s Big Tourism Marketing Contract Cory Lum/Civil Beat/2022

Hawaii Economic Chief: Start Over On The State’s Big Tourism Marketing Contract

Mike McCartney, director of the Hawaii Department of Business, Economic Development and Tourism, wants the two organizations who have been fighting over the $34 million contract to split the job.

Why More Than 600 Foodland Workers Are Poised To Strike In Hawaii Civil Beat/2010

Why More Than 600 Foodland Workers Are Poised To Strike In Hawaii

The local supermarket chain has been in talks with the union since its collective bargaining agreement expired in April 2021.

Rising Prices, Increasing Poverty, Slowing Job Growth: Hawaii’s Economy Faces Grim Times Cory Lum/Civil Beat/2022

Rising Prices, Increasing Poverty, Slowing Job Growth: Hawaii’s Economy Faces Grim Times

Among those facing higher costs are Oahu utility customers whose October bills could show more cost increases on top of a dramatic rise over the past year.

The Return Of Japanese Visitors May Be Just In Time To Save Hawaii’s Economy Cory Lum/Civil Beat/2017

The Return Of Japanese Visitors May Be Just In Time To Save Hawaii’s Economy

A day after Japan’s prime minister lifted all travel restrictions, UH economists issued a report saying the return of Japanese travelers could help spare Hawaii’s economy.