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UHERO Annual Report Fiscal Year 2009

Posted September 30, 2009 | Categories: Annual Reports

The past year has been a challenging one for Hawai‘i. The deepest global downturn in a half-century plunged the local economy into a steep tourism-led recession. The construction sector also contracted after a decade of healthy expansion. The Hawai‘i economy saw widespread job losses, and falling State tax revenues created a fiscal crisis that continues to unfold.

UHERO was ready to respond to the economic crisis. During the fiscal year ending June 30, 2009, our economic forecasting project provided timely and effective analysis of the changing economic environment. UHERO researchers provided hundreds of hours of commentary to the press and presentations to civic groups and policymakers. In partnership with KITV news, Dr. Sumner La Croix launched a weekly “UHERO report,” which features a UHERO economist interpreting the latest local and national economic news and reporting on important research findings.

 Annual Report

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