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Hawaii Economic Forecast Update:
Economy Strong, But Signs of Slowing Emerge

Posted May 24, 2006 | Categories: Forecasts, Hawaii's Economy

Prospects for the Hawai‘i economy continue to look very good for 2006. A relatively weak first quarter and limited airline capacity through the summer lead us to lower our visitor forecast slightly. At the same time, 2005 job growth has been revised upward and that strength has carried over into 2006. As expected, there are now signs that slowing has begun to occur, particularly in neighbor island economies. In the face of a very tight labor market, further slowing is expected to continue over the next year.

forecast Summary

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