Essay Database
Jobless in Paradise Hawaii's economy has changed drastically since statehood.
Date Submitted: 09/12/2000 18:25:47
Jobless in Paradise
Hawaii's economy has changed drastically since statehood. In 1958, defense, sugar, and pineapple were the primary economic activities, accounting for 40% of Gross State Product (GSP). In contrast, visitor-related expenditures stood at just over 4% of Hawaii's GSP prior to statehood. Today the positions are reversed; sugar and pineapple constitute about 1% of GSP, defense accounts for just under 11%, while visitor-related spending comes close to 24% of Hawaii's GSP (Channel).
The movement toward a service- and trade-based
Is this Essay helpful? Join now to read this particular paper
and access over 800,000 just like this GET BETTER GRADES
and access over 800,000 just like this GET BETTER GRADES
-1.1
Japanese labor earnings
2.4
LEADING ECONOMIC INDICATOR (LEI)
100%
Work Cited
Tourism, Department of Business, Economic Development and. "Quarterly Statistical & Economic Report." (June 2002): 19 August 2002. <http://www.hawaii.gov/dbedt/qser/0602/state.html>
TheHawaiiChannel.com. "Hawaii Unemployment Dips Slightly." (April 2002): 19 August 2002. <http://www.thehawaiichannel.com/hon/money/stories/money-140928020020419-200459.html>
News, Pacific Business. "Hawaii unemployment picture may be improving." (May 2002): 19 August 2002 <http://pacific.bizjournals.com/pacific/stories/2002/05/20/
daily14.html>
Need a custom written paper? Let our professional writers save your time.