Q&A: Fed Act to Lower Mortgage Rates
1. THE FEDERAL RESERVE MET FOR A TWO DAY MEETING ON TUESDAY AND WEDNESDAY. AFTER THEIR MEETING, THE STOCK MARKET FELL SHARPLY WEDNESDAY AFTERNOON AND
September 22, 2011
Blogs
Fed acts to lower mortgage rates
The Federal Open Market Committee (FOMC) met on Tuesday and Wednesday to discuss the state of the US economy and to decide on monetary policy
September 21, 2011
Q&A: Employment and Unemployment in Hawaii
1. HAWAII’S UNEMPLOYMENT RATE INCREASED FROM 6.1 PERCENT IN JULY TO 6.2 PERCENT IN AUGUST. WHY DID THIS HAPPEN? The basic reason is that the
September 16, 2011
Honolulu GDP posts 1.7% growth in 2010
Real Gross Domestic Product (GDP) in the Honolulu metropolitan area grew by a moderate 1.7% in 2010 according to the U.S. Bureau of Economic Analysis GDP
September 15, 2011
Oil Prices and Hawaii Travel
Oil prices have fluctuated widely in recent years. In our recent County Forecast Report, we discussed how oil affects the overall economy. Because fuel costs represent
September 13, 2011
Thoughts on President Obama’s proposed Jobs Act
President Obama proposed a larger-than-expected $447 billion American Jobs Act. More than half the package is for an expansion of this year’s payroll tax cuts and similar
September 8, 2011
Recession or Not, US Growth Will Continue to Disappoint
The US economy is once again flirting with recession. While most data still suggest continued growth, recent events have clearly turned in a more negative
September 7, 2011
La Croix receives 2011-2014 NSF support for Cliometrics Annual Conferences and World Congress of Cliometrics
Professor Sumner La Croix (UH Economics, UHERO, and UH Global Health and Population Studies) and Professor Ann Carlos (University of Colorado Economics) have received a grant from
September 6, 2011
In Weak Economy the Fed is prepared to act
The US Bureau of Economic Analysis released a downward revision to its estimate of second quarter Gross Domestic Product this morning. They now estimate that the US
August 26, 2011
Q & A: Social Security Disability Program – Problems and Reforms
1. THE SOCIAL SECURITY ADMINISTRATION IS KNOWN FOR ITS OLD-AGE PENSION PROGRAM BUT IT ALSO RUNS A PROGRAM PROVIDING BENEFITS TO DISABLED AMERICANS? The Social
August 19, 2011
Hawaii Tourism Faces Challenging 2011
A little more than half way through 2011, Hawaii finds itself facing more economic uncertainty as the EU and US economies deal with slow growth,
August 10, 2011
Q & A: S&P’s downgrade of its rating for U.S. Treasury bonds
1. S&P’S DOWNGRADE: HOW DOES IT CHANGE THINGS? S&P’s downgrade of the US long term credit rating is a landmark historical event for the US.
August 8, 2011
Q & A: U.S. Employment, Unemployment… and the Stock Market
1. WHAT WERE THE RESULTS OF THE JULY EMPLOYMENT REPORT? Non-farm employment increased by 117,000 jobs while private employment increased by 154,000 jobs. Employment counts for May and June were
August 5, 2011
Washington Ignores the Real Crisis
The US Bureau of Economic Analysis released second quarter data on the nations Gross Domestic Product this morning. Given all of the mixed economic news over the
July 29, 2011
UHERO Research Fellow to appear at the Northeast Asian Economic Forum Meeting
UHERO Research Fellow James Mak to share his thoughts on tourism and tourism development based on 35 plus years of research at the Northeast Asian Economic
July 26, 2011