Annual Hawaii Forecast with Asia-Pacific Outlook: Hawaii’s Long Expansion Gets Global Economic Lift

Economy, Forecasts,
17Q4 Annual Forecast thumbnail

Improving global conditions provide a favorable environment for continued expansion in the Islands. Visitor arrivals are surging to record highs, and unemployment is reaching new lows. While families are benefitting from the improved employment prospects, many have yet to see significant income growth. The expansion is now well into its eighth year, and all indications are that growth will continue, if at a more subdued pace.

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