Forecast

UHERO Forecasts provide the Hawaii community with analysis of economic trends in the State and the Asia-Pacific region.

UHERO’s Carl Bonham speaking to the Hawaii State House Select Committee on COVID-19

Waikiki

Interim Forecast Update: Hawaii’s Economy is Shut Down to Deal with COVID-19

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 …

Interim Forecast Update: COVID-19 Will Impose Significant Economic Impacts in Hawaii

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, …

Carl Bonham appointed to Select House Committee on COVID-19

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 …

UHERO State Forecast Update: Coronavirus Presents Danger to Hawaii Tourism

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 …

Annual Hawaii Forecast with Global Outlook: After a Cloudy 2019, New Year Looks a Bit Brighter

Hawaii’s economy has entered a soft patch. Falling real visitor spending and a declining population have suppressed demand and halted growth in nonfarm payrolls. But …

UHERO County Forecast: Counties see synchronized slowing

Over the past year, there has been a broad slowing of growth across the four counties. To varying degrees, each has seen a falloff in …

UHERO State Forecast Update: Recent data confirm weaker growth

The past few months have brought more evidence of Hawaii slowing. The number of visitor days remains below last year’s peak, with more worrying signs …

UHERO State Forecast Update: Economy slows markedly. Is more in store?

Hawaii’s economy ended 2018 on a poorer footing than 2017. Across a number of dimensions, the year saw a flattening out or outright decline in …