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Outlook for the Hawai'i Economy

Posted April 27, 2000 | Categories: Forecasts, Hawaii's Economy

Economic conditions in Hawaii have improved measurably over the past year, with virtually all economic indicators signaling a moderate business cycle expansion. A healthy external environment and growing domestic strength will support somewhat stronger growth for Hawaii's economy in 2000. With continued strong westbound growth and at least an end to the declines in eastbound growth, total visitor arrivals should grow by 4% this year. Construction will rise by 5%. Payroll jobs are expected to rise, and real personal income will accelerate from the current 2% pace to 2.6% growth in 2000.

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