Aloha Business Report

Home Prices in 20 U.S. Cities Rose for Fifth Month

Dec. 29 Bloomberg — Home prices in 20 U.S. cities rose in October for a fifth consecutive month, putting the housing market and economy farther along the path to recovery.The S&P/Case-Shiller home-price index increased 0.4 percent from the prior month on a seasonally adjusted basis, after a 0.2 percent rise in September, the group said today in New York. The gauge was down 7.3 percent from October 2008, the smallest year- over-year decline since October 2007. The median forecast of economists surveyed by Bloomberg News anticipated a 7.2 percent drop.

via Home Prices in 20 U.S. Cities Rose for Fifth Month Update3 – Bloomberg.com.

And here is another viewpoint: <a href=”http://www.nytimes.com/2009/12/30/business/economy/30econ.html?hp”>Slight Rise in Home Prices Masks Signs of Weakness</a>

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Aloha Business Report needs contributors, writers, etc

Aloha Business Report is just in a “beta” state.  I’d like to set this blog up as a group effort, using contributors and writers from Hawaii.  Presently, it has a temporary face, a “skin” as they say that can be easily changed to reflect a different character. If the right group of folks come together, we can share in any revenues.  That can be discussed.

This could be a valuable tool for the writers and contributors as well as the readers.  If this is an activity that interests you, please use the contact form below to tell me your ideas and a little about yourself.

cforms contact form by delicious:days

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On the other hand: Markets are not melting, Dubai is not going to doom us all

Markets are not melting, Dubai is not going to doom us all

via Daily Kos: Markets are not melting, Dubai is not going to doom us all.

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Whoops! Thanksgiving is over. While we ate, Dubai defaulted, now markets are melting

While we ate, Dubai defaulted, now markets are melting

via Daily Kos: While we ate, Dubai defaulted, now markets are melting.

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Category 5 Storm About to Hit Ben Bernanke at the FED

Robert Borosage has an interesting article up today on the upcoming Senate re-confirmation for Ben Bernanke of the Federal Reserve coming up on December 3, 2009. I have this sinking feeling about what is going to happen during that hearing, and all indications are that the jig is up and hardly anyone, with half a brain actually believes anymore that the financial meltdown and soon thereafter, Great Heist of 2008, was an accident or simply the outcome of the perfect storm that somehow we are all suppose to believe. That meme in fact either defies all logic, or places complete responsibility at the feet of Ben Bernanke and Alan Greenspan of the Federal Reserve. I am now wondering what kind of questions the Senate will ask of Ben Bernanke, and I welcome your own suggestions.

Full Story:  Category 5 Storm About to Hit Ben Bernanke at the FED.

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Hawaii visitors count expected to be 6.7 million as year ends

The global recession and swine flu have taken a toll on tourism, leaving Hawai&apos;i well below 7 million visitors for the second year in a row. Last year, 6.7 million tourists visited the Islands, but the three years before that, the state easily topped 7 million.

via Hawaii visitors expected to be below 7 million again this year | honoluluadvertiser.com | The Honolulu Advertiser.

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Hawaii stocks mixed; Wall St. down on dollar

Hawaii stocks were mixed Friday, meanwhile Wall Street fell for the third day in a row as the dollar grew stronger.

via Hawaii stocks mixed; Wall St. down on dollar – Pacific Business News (Honolulu):.

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Summer rebound possible – Hawaii Business: Tourism

Lead hospitality industry could begin to rebound this summer; however, recovery could take five years, speakers said at an annual Visitor Industry Leaders briefing.While Hawaii&apos;s hospitality sector has outpaced competitors during the downturn, its overall performance is “almost too embarrassing to talk about,” said Joseph Toy, president and chief executive officer of Hospitality Advisors LLC.”We lost $2.6 billion from 2008 through September of 2009,” Toy said at the event held yesterday at the Halekulani Hotel.

via Summer rebound possible – Hawaii Business – Starbulletin.com.

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Commercial Real Estate: The Next Hole in the Economy: It can’t happen here?

YouTube – Commercial Real Estate: The Next Hole in the Economy.

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Information about business in Hawaii

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