|
Economy Of Guam
The economy of Guam depends mainly on US military spending and on tourist revenue. Over the past 20 years, the tourist industry grew rapidly, creating a construction boom for new hotels, golf courses and other tourist amenities. More than 1.1 million tourists visit Guam each year including about 1,000,000 from Japan and 150,000 from Korea. Setbacks in the 1990s include numerous super-typhoons, a M7.8 earthquake, and a Korean airline crash. More recently, SARS, the Iraq war and most importantly the Japan economy and accompanying yen-to-dollar adjustments have significantly impacted tourism with spending per person in retail and attraction sectors now nearly 50% compared to their peak in the mid-1990s. Nevertheless, as of 2005 tourism is finally starting to stabilize and recover. Most food and industrial goods are imported. As Guam's tourist economy continues to slowly recover, over $1 billion in military spending on the island is projected in the coming several years. The ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Guam Export Treemap
Guam (; ch, Guåhan ) is an Unincorporated territories of the United States, organized, unincorporated territory of the United States in the Micronesia subregion of the western Pacific Ocean. It is the List of extreme points of the United States#Westernmost points, westernmost point and territory of the United States (reckoned from the geographic center of the United States, geographic center of the U.S.); its capital Hagåtña, Guam, Hagåtña (144°45'00"E) lies further west than Melbourne, Australia (144°57'47"E). In Oceania, Guam is the largest and southernmost of the Mariana Islands and the largest island in Micronesia. Guam's capital is Hagåtña, Guam, Hagåtña, and the most populous village is Dededo. People born on Guam are Citizenship in the United States, American citizens but have Voting in Guam, no vote in the United States presidential elections while residing on Guam and Guam delegates to the United States House of Representatives have no vote on the floor. Ind ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
