This is UHERO’s second interim forecast update to address dramatic recent developments associated with the novel coronavirus pandemic. Much has changed since the interim forecast
Hawaii needs to quickly adopt and implement a plan to control and then halt the spread of the coronavirus or the cost in terms of
Social distancing is necessary to slow the spread of COVID-19, but has significant economic impacts, hitting dine-in eateries disproportionately hard.
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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,
House Speaker Scott K. Saiki today announced the appointment of individuals to serve on the Select House Committee on COVID-19 Economic and Financial Preparedness adopted
Hawaii’s economy has been on an expected slowing trend for the past several years. While visitor arrivals racked up another record year in 2019, real