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,
By Byron Gangnes, Peter Fuleky, and Carl Bonham In a Sunday Tweet, President Trump threatened this week to increase dramatically the tariffs he has placed
By Byron Gangnes The unexpected election of Donald Trump has thrown a monkey wrench into forecasting the US and global economy. During the Presidential race,
The trade collapse of 2008-2009 and the anemic trade growth since then raise the question of whether trade elasticities may be undergoing fundamental structural change.
Previous studies have argued that global value chains (GVCs) have increased the sensitivity of trade to external business cycle shocks. This may occur either because
Federal Reserve Board Vice Chair Janet Yellen has laid out the argument for continued Fed action and the conditions the Fed will watch when deciding
The US housing market turned the corner in 2012 and is set for healthy expansion for the next several years. This according to economists at the
At the start of the first post-sequester week, economists at the annual policy conference of the National Association for Business Economics (NABE) in Washington D.C. debated options
UHERO congratulates Forecast Project Director, Byron Gangnes for his appointment as the Chair of the Economics Department at the University of Hawaii, Manoa. Dr. Gangnes will serve