After several years of sizzling growth in tourism, Hawai'i's No. 1 industry is cooling off. When the final numbers for 2007 come in this week, analysts say, they will show that tourist arrivals fell for the first time since 2003. The 1-percent-plus expected drop from the previous year stands in stark contrast to the 7-percent-plus growth in arrivals in 2004 and 2005. | eTurboNews | Trends | Travel News
Norway
Japan
United-states
Hapuna-beach
Hawaii
Japanese
American
Norwegian
David-carey
Carl-bonham
John-reed
Paul-brewbaker
Hawaii residents feel the burden of rising prices as pent-up demand drives up costs Samie Solina © Provided by Honolulu KHNL A 76 gas station in Honolulu is selling gas for $4.03 a gallon.
HONOLULU (HawaiiNewsNow) - The cost of US consumer goods shot up 5.4% in the past year the highest its been since 2008, according to the Labor Department.
Popular Searches
Still, pent-up demand is driving prices up quickly.
“The pandemic has disrupted production and distribution, what we call supply chains,” said Paul Brewbaker, an economist with TZ Economics.
“That has caused prices to rise where demand exceeds supply in order to clear the markets and signal to producers to make more for which there are shortages.”
Honolulu
Hawaii
United-states
American
Paul-brewbaker
Scott-nonaka
Jack-suyderhoud
American-automobile-association
Labor-department
American-automobile
ஹொனலுலு
ஹவாய்