Annual Hawaii Forecast: Expansion to Strengthen Despite Washington Worries

13Q3 Annual Forecast thumbnail

Hawaii is headed toward a strong expansion path. While federal tax increases and the spending sequester have weighed on growth in the year’s first half, construction and service sector progress will maintain forward momentum. Incremental contributions from tourism will be more limited as that industry pushes up against capacity constraints. The Islands are poised for several years of moderately rapid growth that will bring measurable improvements for many local families.

A summary of this forecast is available as a service to the public. For more detailed analysis, subscribe to UHERO’s Forecast Project.

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