Interim Forecast Update: COVID-19 Will Impose Significant Economic Impacts in Hawaii

March 10, 2020

The spread of the novel coronavirus and recent visitor falloff lead us to lower sharply our outlook for the Hawaii economy.  In the baseline forecast, real visitor spending is expected to fall more than 10% this year and payroll jobs by 0.6%, with an attenuated recovery path. Alternative scenarios reflect a wide range of possible […]

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