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Jobless in Paradise Hawaii's economy has changed drastically since statehood.
Title: Jobless in Paradise Hawaii's economy has changed drastically since statehood.
Category: Business & Economy / Economics
Details: Words: 1267 | Pages: 5.4 (approximately 235 words/page)
Jobless in Paradise Hawaii's economy has changed drastically since statehood.
Jobless in Paradise
Hawaii's economy has changed drastically since statehood. In 1958, defense, sugar, and pineapple were the primary economic activities, accounting for 40% of Gross State Product (GSP). In contrast, visitor-related expenditures stood at just over 4% of Hawaii's GSP prior to statehood. Today the positions are reversed; sugar and pineapple constitute about 1% of GSP, defense accounts for just under 11%, while visitor-related spending comes close to 24% of Hawaii's GSP (Channel).
The movement toward a service- and trade-based …showed first 75 words of 1267 total…
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…showed last 75 words of 1267 total…exchange rate
-1.1
Japanese labor earnings
2.4
LEADING ECONOMIC INDICATOR (LEI)
100%
Work Cited
Tourism, Department of Business, Economic Development and. "Quarterly Statistical & Economic Report." (June 2002): 19 August 2002. <http://www.hawaii.gov/dbedt/qser/0602/state.html>
TheHawaiiChannel.com. "Hawaii Unemployment Dips Slightly." (April 2002): 19 August 2002. <http://www.thehawaiichannel.com/hon/money/stories/money-140928020020419-200459.html>
News, Pacific Business. "Hawaii unemployment picture may be improving." (May 2002): 19 August 2002 <http://pacific.bizjournals.com/pacific/stories/2002/05/20/
daily14.html>
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