UHERO State Forecast Update: Not much lift from tax cuts in Hawaii’s soaring economy
Hawaii’s economy continues to grow, but with expected slowing as the cycle matures. Tourism is booming, construction remains on a healthy plateau, and jobs are
Hawaii’s economy continues to grow, but with expected slowing as the cycle matures. Tourism is booming, construction remains on a healthy plateau, and jobs are
Improving global conditions provide a favorable environment for continued expansion in the Islands. Visitor arrivals are surging to record highs, and unemployment is reaching new
The Hawaii economy is decelerating. Job growth this year will come in at less than 1%, down from nearly 2% just two years ago, the
After several years of rapid expansion, the pace of building has eased. A number of significant condo and retail projects have wrapped up on Oahu,
Prospects are good for continued growth in each of Hawaii’s four counties, if at a slower pace than in recent years. The tourism expansion has
Hawaii’s economy has started the year in fine form. Moderate job and income growth are continuing, and generally favorable global and national conditions are maintaining
After seven years of sustained growth in the Islands, deceleration is now underway. In part this stems from the slowing pace of construction industry expansion.
The Hawaii economy continues to perform well. Visitors are up, unemployment is down, and the pace of building remains healthy. But the expansion, now in
Hawaii’s economy continues to roll along, but with signs of a slowdown ahead. The environment for tourism remains guarded, and the maturing of the construction
Construction has accelerated over the past year and will approach its cyclical peak over the next. Jobs and income are now growing at double-digit rates,
Hawaii’s four counties are moving steadily forward, accommodating new visitors, restoring lost jobs, and growing household incomes. Prospects remain good for the next few years,
Like the U.S. economy overall, Hawaii continues on a moderate growth path despite financial market volatility, a surging dollar, and global slowing. To be sure,
This year has turned out a bit better than anticipated, and prospects remain good for 2016. Next year will see some easing of visitor growth,
Hawaii’s economic outlook continues to look bright. Tourism is pushing toward new records, and the construction upswing is building in strength. The overall expansion remains
After a rather soft 2014, the counties are poised for better performance over the next several years. Tourism will see additional healthy gains on the Neighbor