Global woes threaten isle growth, report says

By Alan Yonan Jr.

POSTED: 01:30 a.m. HST, Nov 04, 2011

~~<p>Hawaii's economy remains on track for modest growth this year and next, although a "rather gloomy" outlook for the global economy puts that prediction at risk, a group of University of Hawaii researchers said in a report released today.</p>
<p>Among the recent positive news for the local economy has been a reversal in the post-earthquake Japanese tourist decline, and a retreat in oil prices from the peak of $110 per barrel in April, according to the report from the University of Hawaii Economic Research Organization.</p>
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Hawaii's economy remains on track for modest growth this year and next, although a "rather gloomy" outlook for the global economy puts that prediction at risk, a group of University of Hawaii researchers said in a report released today.

Among the recent positive news for the local economy has been a reversal in the post-earthquake Japanese tourist decline, and a retreat in oil prices from the peak of $110 per barrel in April, according to the report from the University of Hawaii Economic Research Organization. Login for more...