Article: Tanks a lot: increased federal spending fuels the local economy.(Federal Spending)(Cover Story)

Three years ago, a small phenomenon occurred in Hawaii that went relatively unnoticed, perhaps because it was largely overshadowed by post-9/11 chaos. While most people scrambled to restore Hawaii's economic mainstay--tourism, which took a huge hit following the terrorist attacks and the ensuing wars in Afghanistan and Iraq--the federal government steadily pumped more and more money into the local economy, primarily, in support of its military efforts. As a result, by the end of 2002, Federal expenditures surpassed visitor expenditures as the No. 1 contributor to the local economy.

According to the U.S. Census Bureau, federal expenditures in Hawaii in 2002 ...

Related newspaper, magazine, and journal articles:

 
 
Newsweek Harper's Magazine The Washington Post Chicago Tribune Crain's Chicago Business PRNewswire Pediatric News The Nation Advertising Age The Economist (US) A FREE trial gives you access to over 80 million articles! Access over 6,500 publications with a FREE trial!