May 10th, 2008
Economic News Summary
I will throw a few articles that came up this past week out at you.
For Hawaii, the loss of Aloha Airlines and ATA, means fewer airline seats available for visitors to arrive on. 15% to be exact. Brewbakermentioned that the other airlines in the industry may make up for their loss, but in the short-term there will be a small effect. that coupled with the higher than expected inflation recently, leading to minimal economic growth this year, or no growth.
There was an interesting article about the value of the dollar recently than is worthy of reading, especially since Hawaii is a hot-spot for foreign investors.
Treasury Secretary Henry Paulson speaks in the article titled Worst of U.S. Credit Crisis May Be Over.
A good sign of the economy can be tracked back to retail vacancy rates, which is highlighted here.
Share ThisPosted by scott on May 10th, 2008 in Economic Info |










