Island economics

First Hawaiian Bank reports it expects Kauai’s economy to grow in 2014 as a result of increased tourism.

Kauai relies on tourists to support the economy, more so than the other Hawaiian Islands, because the island doesn’t have the industry like the mainland does.

The island is also regaining the jobs lost during the Great Recession. It has added 1,600 new jobs since 2010.

Increased real estate sales and the development of new stores are also expected to give the Kauai economy a little added boost.

Pacific Business News

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