The fourth quarter 2013 First Hawaiian Bank Business Activity Report showed a 2.29 percent increase for debit and credit card “same store sales” over the comparable period of 2012, according to an announcement Monday by Keith Nagata, senior vice president
The fourth quarter 2013 First Hawaiian Bank Business Activity Report showed a 2.29 percent increase for debit and credit card “same store sales” over the comparable period of 2012, according to an announcement Monday by Keith Nagata, senior vice president and First Hawaiian Bank Business Services Division manager.
For all of 2013, credit and debit card sales transactions increased by 6.90 percent over the previous year.
“The top three sectors medical services, home improvement and home furnishing finished strong in the fourth quarter, resulting in the highest ever quarterly increase for those sectors since 2010,” Nagata said. “We also saw positive gains in all 16 industry sectors for the year.”
According to the report, 11 of the 16 sectors were up in the fourth quarter. Three sectors posted double digit increases in sales volumes: Medical services 22.72 percent, home improvement 12.94 percent and home furnishings 10.46 percent.
