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
UHERO Forecasts provide the Hawaii community with analysis of economic trends in the State and the Asia-Pacific region.
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
Last year’s construction gains were smaller than anticipated. Activity will ramp up a bit this year, as Kakaako condo building intensifies and new tourism-related projects
The Hawaii economy in 2015 will look a lot like last year’s. Tourism will see only marginal gains, but steady labor market improvement will continue,