Blogs
Employment Report: US economy adds 227,000 jobs in February
The US Bureau of Labor Statistics released the February 2012 Employment Situation this morning with another month of better than expected jobs numbers. The consensus was for an increase of 204,000 jobs and for no change in the unemployment rate in February. From the BLS: Nonfarm payroll employment rose by 227,000 in February, and the unemployment rate was unchanged […]
Read MoreQ & A: Da Budget, Compromise and Policy Failures
1. ANOTHER BUSY WEEK WITH LOT TO DISCUSS. ON MONDAY THE PRESIDENT RELEASED HIS BUDGET PROPOSAL, BY WEDNESDAY HAD PLENTY OF EVIDENCE OF CONTINUED EURO-AREA POLICY FAILURES, AND BY THURSDAY THE HOUSE REPUBLICANS APPEARED TO HAVE COMPROMISED ON THE PAYROLL TAX EXTENSION. SO MUCH NEWS SO LITTLE TIME! LETS START WITH THE BUDGET. The President’s […]
Read MoreDr. Makena Coffman named new Director of Energy and Greenhouse Gas Solutions (EGGS)
UHERO is pleased to introduce our new Director of Energy and Greenhouse Gas Solutions (EGGS), Dr. Makena Coffman. Dr. Coffman is a UHERO Research Fellow and Assistant Professor of Urban and Regional Planning. She brings expertise in greenhouse gas reduction strategies, sustainability planning, and computable general equilibrium modeling.
Read MoreStronger than Expected Employment Report
1. THE US BUREAU OF LABOR STATISTICS RELEASED ITS MONTHLY EMPLOYMENT REPORT THIS MORNING AND REPORTED ANOTHER DECREASE IN THE US UNEMPLOYMENT RATE? Yes, this was a better jobs report than most economists expected. The consensus was for 135,000 jobs to be created in January and the total nonfarm job count posted an increase of […]
Read MoreGDP Release Adds to Speculation of Further Fed Easing
Q1. THERE HAS BEEN A LARGE AMOUNT OF ECONOMIC NEWS THIS WEEK, CAN YOU SUMMARIZE WHERE THINGS STAND? A1. This was a busy week. On Tuesday we found out that Hawaii’s unemployment rate rose to 6.6% in December; on Wednesday the Federal Reserve released their forecast for the US economy and new forecasts of what […]
Read MoreSumner La Croix to deliver seminar on mainland Chinese travel
This Friday, January 27, UHERO Research Fellow Sumner LaCroix will present “How Big? The Impact of Approved Destination Status on Mainland Chinese Travel”. The seminar will be take place at University of Hawaii, Saunders 515, from 3:00 – 4:15PM. Abstract: China’s Approved Destination Status (ADS) policy governs foreign leisure travel by its residents who are allowed […]
Read MoreKeeping the money at home!
Part of the justification for the pursuit of food and energy self-sufficiency in Hawaii is that it allegedly serves to “keep the money at home.” It just sounds so good as an economic objective, as it has for over 200 years. But consider that the idea of keeping the money at home is crude, modern […]
Read MoreQ & A: Council on Revenues Lowers Forecast for FY2012
1. THE COUNCIL ON REVENUES MET YESTERDAY AND LOWERED ITS FORECAST FOR STATE TAX REVENUES FOR 2012. HOW MUCH WAS THE REVISION, AND WHY DID YOU LOWER THE FORECAST. In the September meeting last year, the Council had forecast tax revenues would grow by 14.5% from FY2011 to FY2012. The council decided to lower its […]
Read MoreEGGS Project Director, Denise Konan Named Dean of College of Social Sciences
UHERO congratulates Dr. Denise E. Konan for her selection as the new Dean of Manoa’s College of Social Sciences. Denise has spent the past 18 years as an economics professor and a major contributor to UHERO’s research efforts. She founded UHERO’s Energy and Green House Gas Solutions Project and has contributed to UHERO’s dramatic growth over the past five years. […]
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