UHERO

Economy

When is economic growth too strong?

When is economic growth too strong?

November 8, 2023

By Byron Gangnes To most of us, faster economic growth is a good thing. It reduces unemployment, raises profits and wages, and generates healthier government…

Small Business Survey

Small Business Survey

October 19, 2023

The University of Hawaii Economic Research Organization (UHERO) has been contracted by the City and County of Honolulu to assist with better understanding the needs,…

The Nature, Causes, and Consequences of Student Deselection and Criminalization

The Nature, Causes, and Consequences of Student Deselection and Criminalization

October 9, 2023

By Katherine Irwin and James Roumasset1 A central principle of public economics is that the government should correct market failures. For example, when a firm’s…

No credit card binge, but burdens are rising

No credit card binge, but burdens are rising

September 28, 2023

By Byron Gangnes Credit card balances broke the $1 trillion mark recently, but their share of disposable income remains moderate by historical standards. And as…

UHERO Forecast for the State of Hawaiʻi: Wildfires deliver heavy blow to Maui economy

UHERO Forecast for the State of Hawaiʻi: Wildfires deliver heavy blow to Maui economy

September 22, 2023

The tragic Maui wildfires have inflicted deep pain and loss on the affected communities, and sorrow among all of Hawaii’s residents. There are also economic…

Economic Perspective of Maui’s Devastating Wildfires

Economic Perspective of Maui’s Devastating Wildfires

September 8, 2023

By James Mak, Paul Brewbaker, and Frank Haas Lahaina is a very special place with so much deep, rich history. Over time, it’s evolved. It’s…

Jobless claims reveal staggering employment cost of Maui wildfires

Jobless claims reveal staggering employment cost of Maui wildfires

September 7, 2023

By Byron Gangnes Jobless claims for the week ending September 2 have been released. At the national level, new claims ticked down for the fourth…

After the Maui wildfires: The road ahead.

After the Maui wildfires: The road ahead.

August 31, 2023

By Steven Bond-Smith, Daniela Bond-Smith, Carl Bonham, Leah Bremer, Kim Burnett, Makena Coffman, Peter Fuleky, Byron Gangnes, Rachel Inafuku, Ruben Juarez, Sumner La Croix, Colin…

Are stock investors crazy?

Are stock investors crazy?

July 21, 2023

By Byron Gangnes Stock prices are at a very high level, and yet investors have not pulled back. What gives? How should we think about…