BREWBAKER SPEAKS!
August 2nd, 2007As you know, Paul Brewbaker of bank of Hawaii is our favorite economist when it comes to Hawaiian matters. He has just released his latest Hawaii Economic Trends and here are some of his key findings:
other Hawaii macroeconomic indicators suggest that the local economy is on a stabilizing trajectory…decelerating employment growth is consistent with a local economy growing at more moderate pace consistent with labor market constraints… Markets with more resort exposure however, like Maui, experienced median home price declines during the 2006 soft patch, giving way to flat prices in first half 2007.
