UHERO Annual Hawai’i Construction Forecast: Despite Credit Concerns, Soft Landing Expected

September 7, 2007

Despite concerns related to recent financial market turmoil, Hawai’i’s construction industry still appears to be poised for a soft landing. Growth in real contracting receipts will slow in 2007 and turn negative in 2008-09, with hotel renovation and industrial and commercial construction providing a stabilizing influence in the face of a steadily weakening residential sector. […]

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