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Whom to blame for inflation

DBEDT News Release: HAWAII ECONOMIC GROWTH PROJECTIONS UNCHANGED DESPITE SLOWER GROWTH PROJECTIONS AT THE NATIONAL LEVEL

David Y Ige | DBEDT News Release: HAWAII ECONOMIC GROWTH PROJECTIONS UNCHANGED DESPITE SLOWER GROWTH PROJECTIONS AT THE NATIONAL LEVEL

HONOLULU – The Department of Business, Economic Development and Tourism (DBEDT) released its second quarter 2022 Statistical and Economic Report today. DBEDT kept the 2022 Hawai‘i economic growth unchanged at 3.2 percent, as projected in later February this year. According to the economic projections by the top 50 economic forecasting organizations published in Blue Chip […]

NRF Says Economy Being Rebalanced but Extreme Cooling Off Seems Unlikely

NRF Says Economy Being Rebalanced but Extreme Cooling Off Seems Unlikely
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The 2022-23 Budget: California s Fiscal Outlook

Our annual Fiscal Outlook publication gives our office’s independent assessment of the California state budget condition for the upcoming fiscal year and over the longer term. In this report, we anticipate the state will have a $31 billion surplus to allocate in the upcoming fiscal year and operating surpluses ranging from $3 billion to $8 billion over the multiyear period. We also find the state will need to allocate about $14 billion to meet the constitutional requirements of the State Appropriation's Limit (SAL) across 2020-21 and 2021-22.

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