Local Connection: The Turning Economy - Hawaii News Now - KGMB and KHNL

Local Connection: The Turning Economy

By Rick Blangiardi

Aloha, okay time for some good news, the Hawaii economic scoreboard is looking better.

Visitor spending is up so much, the state had to revise its official economic forecast even higher.

If you don't trust forecasts, how about actual tax money?

The state taxes practically every financial transaction that takes place and revenues are up seven percent.

And even though construction is lagging, applications for building permits are up 46 percent.

Somebody's getting ready to pour some new foundations.

Pearlridge mall just sold for hundreds of millions of dollars.

Hawaiian airlines has hired hundreds of people as it adds flights to Asia and the U.S. mainland...but somebody is preparing for it.

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