1. Skip to navigation
  2. Skip to content
  3. Skip to sidebar

Products

Keep up to date with the latest UHERO products.

Hawaii Economic Forecast Update:
Nationwide Housing Slowdown Poses Risk for Hawai‘i Growth

Posted December 1, 2006 | Categories: Forecasts, Hawaii's Economy

Hawai‘i’s general cooling trend continues to deepen. Job growth next year is expected to be more than a percentage point weaker than in 2006. The visitor arrivals forecast for 2007 has been reduced somewhat, partly because of now-familiar Japanese market weakness. A new factor is the marked slowing that has occurred in the mainland U.S. economy, and the possibility of a deeper U.S. slowdown represents an emerging downside risk. With housing turning down, the construction sector will no longer be a contributor to growth in the Islands.

forecast Summary


« view all products