When will Hawaiiâs economy turn the corner? New data says not yet
(Source: Hawaii News Now)
By Howard Dicus | January 8, 2021 at 4:59 AM HST - Updated January 8 at 4:59 AM
HONOLULU, Hawaii (HawaiiNewsNow) - New economic data this week contained some hope for the future, but no immediate sign of economic rebounding to the degree people need. Other indicators were more grim.
The Council on Revenues revised its forecast for state revenue, predicting a decline smaller than its previous report. It could ease budget-cutting pressure on the governor and the legislature.
Hawaii new jobless claims rose last week, an unusual outcome for the week of New Yearâs; temporary store employees are usually released later than that.