Tourism Brightens Hawaii’s Economic Forecast

By TREENA SHAPIRO | Associated Press – Thu, Mar 8, 2012 HONOLULU (AP) — Hawaii’s Council on Revenue’s latest quarterly outlook shows the economy is improving at a faster clip than anticipated in January. Council members on Wednesday upgraded their forecast for the current fiscal year to 12 percent, up from 11.5 percent. Chairman Richard…

Local Banks Say They Will Increase Lending In 2012

Aloha, Thank you for visiting my website and Sold on Maui Blog section. The article below from Pacific Business News (reporter Lynn Nakagawa) explains how local banks say they will increase lendng in 2012. Hawaii bankers predict modest recovery in the state’s economy in 2012 and plan to increase lending in specific areas in response to recovering consumer…