Recovery and record visitor numbers inject confidence throughout state, from business hiring and expansion, to consumer spending and lending
By Peter Ho
POSTED: 01:30 a.m. HST, May 12, 2013
What would Hawaii's economy be without tourism? People may differ in their answers, but at more than $14 billion in visitor spending and comprising 17 percent of state GDP (gross domestic product), this story line is clear: Tourism drives Hawaii's economy. While we might hope for greater diversity in our economy in the future, achieving that diversity can be achieved only by using the economic drivers we have today as a bridge to tomorrow. The world today is truly global and brutally competitive. Login for more...