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Hawaii Economic Forecast:
Construction to Fuel Strong Growth

Posted November 12, 2003 | Categories: Forecasts, Hawaii's Economy

There’s just no stopping this economy. Little more than six months after the outbreak of the War in Iraq, economic growth in Hawaii continues unabated. While the tourism industry is not wholly recovered, it has shown surprising resilience. And, buoyed by strong construction and housing, the broader economy has moved to new recordhigh job counts and levels of personal income. With permitting activity high and major military housing projects soon to get under way, construction will continue to grow in the coming year. Combined with gains in tourism, this will support healthy expansion for the Hawaii economy.

forecast Summary


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