UHERO
Economy
Hawai’i Quarterly Forecast Update: A Hard Fall for Hawai’i Tourism
The U.S. downturn and record-high oil prices have taken a big bite out of the Hawai’i tourism industry. Visitor arrivals will tumble 9% this year,…
Quarterly Hawai’i Forecast Update: Oil Surge Fuels Inflation, Threatens Deeper Downturn
Prospects for the Hawai’i economy have worsened significantly since our March Annual Hawai’i Forecast. The failures of ATA and Aloha airlines, the loss of a…
County Economic Forecast: Zero Growth Expected Statewide
To varying degrees, each of the four counties has shared in the state’s broad pattern of slowing over the past several years, a process that…
Financial Integration in the Pacific Basin Region: RIP by PANIC Attack?
We exploit advances in panel data econometrics to test whether real interest parity holds in the Pacific Basin region. We test for a unit root…
UHERO Sponsors Hawai’i Economic Conference: “Housing, Development and Hawaii’s Economic Outlook”
UHERO is partnering with the Bank of Hawaii, the State Department of Business, Economic Development, and Tourism, and the Hawai’i Economic Association to present an…
Annual Hawai’i Forecast: Economy Grinds to a Halt
The Hawai’i economy that powered its way through much of this decade slowed to a standstill in 2007. The drag from a weakening visitor industry…
Hawai’i Construction Forecast Update: Slow Decline But No Contracting Crunch
While the external environment has become decidedly more risky since last fall, this forecast makes only a small downward revision to the forecast path. Construction…
Riding the Wave: Transformations and Cycles in the Hawaii Economy
Dr. Bonham, UHERO’s executive director will give the Plenary Address at the Western Regional Science Association’s 47th Annual Meeting in Kona on Sunday February 17th.…
Japanese Investment in Hawaii: Past and Future
The volume of Japanese direct investments in Hawaii surged during the late 1980s. This corresponds to the rapid expansion of Japanese overseas investment in general…