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Guam's economy depends primarily on tourism, the United States military base presence, and other federal spending. Although Guam receives no foreign aid, it does receive large transfer payments from the general revenues of the US Federal Treasury into which Guam pays no income or excise taxes; under the provisions of a special law of Congress, the Guam Treasury, rather than the US Treasury, receives federal income taxes paid by military and civilian Federal employees stationed in Guam.
Guam is a favorite destination for Japanese tourists. Guam is a relatively short flight from Japan compared to Hawaii, and a series of tourist hotels and golf courses were built to cater to the tourists. Today, about 90 percent of tourists to Guam are Japanese. Big sources of revenue to the area are the many duty-free designer shopping outlets, and the American-style Micronesia Mall.
The main tourist beach, Tumon Bay has beautiful white sand, and Tumon Bay is now a marine preserve, teeming with fish. Recently completed infrastructure projects have brought underground fiber-optics and new roads to the busy Tumon area.
The climate is characterized as tropical marine. The weather is generally warm and humid with little seasonal temperature variation. The average mean temperature is 86 degrees Fahrenheit (30 degrees Celsius) with an average annual rainfall of 86 inches (2,180 millimeters).
The dry season runs from December through June. The remaining months constitute the rainy season. The highest risk of typhoons is during October and November.
An average of three tropical storms and one typhoon pass within 180 nautical miles (330 km) of Guam each year. The most intense typhoon to pass over Guam recently was Typhoon Pongsona which struck Guam in December 2002.
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Guam
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