Business Report 7/11/16 - Hawaii News Now - KGMB and KHNL

Business Report 7/11/16

(Image: Hawaii News Now) (Image: Hawaii News Now)

July visitor traffic is up 5.7%, based on data from the first seven days of the month. Average averages top 30,000 a day so far. We're already ahead by thousands of international visitors despite a fractional decline from Japan. And mainland traffic is up to all counties, and up 10% to Maui.

Will opposition drive the Thirty Meter Telescope somewhere else? Physics World, quoting a TMT board member, says starting over elsewhere will raise the cost. One site under review is Baja California.

The Big Island macnut harvest was up 2% this year, and with higher prices it made $47 million farm revenue, a new high - that compares to $54 million for a smaller-than-usual coffee harvest.

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