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

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.

This executive summary is provided as a service to the public. For a complete analysis and detailed multi-year forecasts, subscribe to UHERO’s Forecast Project.

Facebook
Twitter

Leave a Comment

Your email address will not be published. Required fields are marked *

The University of Hawaii Economic Research Organization (UHERO) welcomes online comments to stories that are posted on our website or social media pages. Comments are intended to be a forum for open, respectful, and family-friendly discussion. UHERO reserves the right to remove anything posted on our website or social media pages that is deemed inappropriate. All comments are moderated and will therefore have a delayed post time.
Some guidelines (not an exhaustive list) we use when moderating/approving comments include:

  • Do not bully, intimidate, or harass any user.
  • Do not post content that is hateful, threatening or wildly off-topic; or do anything unlawful, malicious, discriminatory or defamatory.
  • Observe confidentiality laws at all times.
  • Do not post spam or advertisements.
  • Observe fair use, copyright and disclosure laws.
  • Do not use vulgar language or profanity.

UHERO may amend this policy from time to time.