Forecast

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

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 …

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 …