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Article: Big Island bucks slow economy
- Article from:
- Honolulu Star - Bulletin
- Article date:
- August 22, 2001
- Author:
CopyrightCopyright Honolulu Star - Bulletin Aug 22, 2001. Provided by ProQuest LLC. (Hide copyright information)
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The slumping U.S economy and the continued weakness in Japan is putting a dent on the Big Island economy. But not enough to offset an otherwise positive year.
That's the outlook of Marcia Sakai, director of the University of Hawaii at Hilo's School of Business.
Speaking at First Hawaiian Bank's Hawaii County business outlook forum at the Naniloa Hotel today, Sakai said Hawaii County will continue to see an increase in jobs, incomes and tax collections, although the growth will be at lower rates than in previous years.
Sakai noted tourism flight arrivals and hotel occupancies are off this year from the highs recorded in 2000. But some of that will be offset by the growing cruise ship ...