Business/In Brief • Oct. 2, 2013
Maui business people to meet
A free event called “Business on the Grill with Maui Business Brainstormers” will be held at noon Oct. 22, at the Maui County Business Resource Center at the Maui Mall.
Participants are asked to arrive at 11:45 a.m. to mingle and to make sure not to interrupt the meeting.
The event will allow business owners to meet other business owners/managers and to share and learn with questions, answers and coaching.
For more information and to RSVP, see www.meetup.com/MauiBusinessBrainstormers.
Personal income increases in 2Q
HONOLULU – The U.S. Bureau of Economic Analysis says Hawaii residents made more money in the second quarter of 2013.
The bureau says personal income in the state grew by 1.1 percent after declining by .9 percent in the first quarter. Personal income nationally increased 1 percent.
The Honolulu Star-Advertiser reports Hawaii’s increase was the 11th largest in the nation.
Income from dividends, interest and rent grew by 2.5 percent.
The bureau says transfer receipts, which includes government payments such as Medicare and food stamps, rose by 1.2 percent.
Wages and salaries increased by .8 percent.
The figures are not adjusted for inflation.
The bureau says personal income declined in the first quarter in part because of a 2 percent increase in payroll taxes that took effect Jan. 1.