HONOLULU (HawaiiNewsNow) - We're talking about the state's current budget year. It began last July first. It ends this coming June 30th. The council on revenues previously thought tax revenue would be down two and a half percent from the year before. Now it thinks there will be a net increase...$273 million. Since revenue was down until just a few weeks ago, we're talking about a surge in economic activity now.
Weekly jobless claims across Hawaii fell a little last week. Fell by about a hundred claims, to just under 18,600. This makes five weeks below 19,000 weekly jobless claims.
April visitor spending came in at $760 million. We got a few more visitors and a few more dollars. In April, the market was down a little from Japan and U.S. east, but up from the west coast and Canada. But this is actually pretty good considering that Easter arrivals were booked in March this year. April honeymoons were down a little.
The Pacific Beach Hotel has named a new manager for the Oceanarium restaurant. Robert Wakida has held food service management positions in the past at the Maui Prince and Hale Koa, and before that at Trader Vic's and Tahitian Lanai.
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