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
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
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
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
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
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
After two decades of development and refinement, the Tourism Satellite Account (TSA) has been touted as the most comprehensive way to measure the economic contribution
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
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
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