The state Department of Business, Economic Development and Tourism's leading economic indicator index rose for the seventh consecutive month in August, with eight of 10 indicators showing improvement. Hawaii economy
indicator risesStar-Bulletin
Real estate was a major factor, with the number of Oahu property transactions on the rise, along with residential prices and the value of construction permits.
The index was also boosted by foreign economic indicators, including earnings of Japanese households and the foreign exchange rate.
The index serves as a five- to 10-month forecast for the direction of the Hawaii economy.
Department of Business, Economic Development & Tourism
