Guam - First Hawaiian Bank today released its annual report on the island's economy. According to the report, 2013 is promising to be at least as favorable as 2012 and potentially a better year.
-Tourism numbers are already tracking above 2012 numbers. In 2012 Guam saw record breaking tourism arrivals with 1.2 million visitors coming to the territory.
-As for the buildup, despite the 6-year delay many in Guam believe recent developments provide more certainty that the buildup will happen.
-Guam, meanwhile continues to enjoy another year of low inflation with little threat of increase in the near future.
-And finally according to the report, the real estate market is still moving along at a slow pace but is expected to pick up when the military buildup commences.