April 25, 2008 - An Accurate Picture of Hawai`i's Economy

Click here to listen to this address.

"Around the globe, the economy is dominating public dialogue.  Despite negative signs in the U.S. and global economies, an accurate perspective of Hawai`i's economy shows that it is continuing to grow, but at a more moderate pace.

I believe we have many reasons to be optimistic about the future, specifically our state's proactive, long-term approach to transforming our economy away from an over-reliance on land development, and focusing on the innovative capacity of our people.

Now is the time for creative, strategic and long-term investment in our state.  Hawai`i will continue to invest in our airports, harbors and highways; enhance support for small businesses; develop energy independence; and pursue other special projects to bolster the local economy.

You will hear more about our stable and healthy economy in the coming weeks and months.  I urge you to learn the reasons for my optimism by visiting my website at www.hawaii.gov/gov/economy."