2008 and 2009 Hawaii Economic Projections

Aloha Kakou:

Both the Advertiser and the Star Bulletin reported this morning a 10% drop in tourist visits to Hawaii in 2008.

"Right now we're comparing (projections) to a very good year -- 2007 was a very good year," Pearl Imada Iboshi, the state's chief economist, said. "Next year we're only expecting the first three months of year to be bad ... after that we're expecting it to be relatively stable."


Only 3 bad months in 2009? If she's comparing 2009's projections to be stable vis-a-vis 2008, buckle your seatbelts, it's going to be a bumpy year.


http://www.honoluluadvertiser.com/article/20081119/NEWS01/811190399/1001


http://www.starbulletin.com/business/20081119_Hawaiis_visitor_count_expected_to_fall_101.html