Hawaii General Fund Tax Revenue Forecast

● ● Some additional factors to consider The U.S. economy appears to be growing nicely. Nominal GDP growth was 3.6% in FY 2014 and 4.3% in the first quarter of FY 2015 (using Hawaii's fiscal year). Japan appears to have adopted a policy of monetary easing to help it economy. At the end of calendar year 2014, the yen hit a seven year low relative to the dollar. A weaker yen will adversely affect Hawaii's visitor industry by raising the price of a Hawaii vacation for Japanese visitors.

View entire presentation