UHERO
Economy
UHERO Global Economic Forecast: Faltering American Economy Will Cause Global Slowing
The world economy began to slow in 2007, after peaking at nearly 4% growth in real gross world product in 2006. Slowing has been centered…
UHERO Hawai’i Quarterly Forecast Update: Mainland Woes Pose Risks for Visitor Sector
Moderate economic expansion is expected to continue in Hawai’i for the remainder of the year, with further slowing into 2008 and 2009. The visitor industry…
UHERO Annual Hawai’i Construction Forecast: Despite Credit Concerns, Soft Landing Expected
Despite concerns related to recent financial market turmoil, Hawai’i’s construction industry still appears to be poised for a soft landing. Growth in real contracting receipts…
UHERO Hawai’i Quarterly Forecast Update: Another Year with No Visitor Growth
The poor start for tourism and a restrained external outlook means that the visitor industry can expect to see no annual growth this year, and…
UHERO County Economic Forecast: County Economies Steadily Slowing
The overall outlook for Hawai‘i’s county economies is for continued slowing along a path that has been evident since at least the middle of 2005.…
UHERO Hawai’i Construction Forecast: Surge in Nonresidential Building Sustains Cycle
Hawai‘i’s construction cycle is near or past its peak,depending on which sector you look at. While the homebuilding peak occurred in 2005-06, the peak in…
Community forums with Representative Lyla Berg
UHERO research associates are contributing to the discussion of Hawaii’s future in a 3-part series of community forums. The forums are held on Wednesdays at…
Collusive Duopoly: The Economic Effects of Aloha and Hawaiian Airlines’ Agreement to Reduce Capacity
In the aftermath of the terrorist attacks on September 11, 2001 (9/11), Congress passed the Aviation and Transportation Security Act (ATSA). Section 116, Air Transportation…
UHERO Annual Hawai’i Forecast: Tourism Pause Means Further Slowing Ahead
There was a pause in Hawai’i tourism growth last year, held back by capacity constraints and relatively soft visitor demand. It will be several years…