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The Honolulu Advertiser
Posted on: Tuesday, May 25, 2010

Hawaii economic indicator rises in April for third straight month

Advertiser Staff

Hawai'i's coincident index rose in April for a third consecutive month, according to a report from the Federal Reserve Bank of Philadelphia.

The index rose by 0.4 percent, or the same as the increase in the national coincident index. Hawai'i's coincident index last rose in December after falling for 23 consecutive months and has risen four of the past five months. The index measures economic indicators thought to closely coincide with the overall economy.