UHERO
Forecasts
UHERO Forecast for the State of Hawaii: Recovery resumes, but Omicron looms
Economic recovery resumed with the end of Hawaii’s COVID-19 wave. Now Omicron is a new threat. Renewed international travel restrictions have reduced the near-term visitor…
UHERO Forecast for the State of Hawaii: Delta wave swamps tourism, but return to recovery expected
Hawaii’s recovery has experienced a setback with the recent surge in COVID-19. Record virus numbers and preventive policy responses have caused an abrupt tourism pullback…
UHERO Forecast for the State of Hawaii: Vaccinations and US Strength Drive Upgraded Hawaii Forecast
Economic conditions in Hawaii are improving. The dominant US visitor market has outperformed expectations, and built-up savings and pent-up demand will drive mainland arrivals to…
UHERO Forecast for the State of Hawaii: More Substantial Recovery in Sight
Hawaii is struggling to emerge from the COVID-19 downturn, but the recovery is poised to accelerate. Falling virus counts and vaccination progress set the stage…
Annual Hawaii Forecast With Global Outlook: Mainland COVID-19 surge means a bleak winter, but vaccines promise 2021 growth
The Hawaii economy began to recover from the COVID-19 downturn by the end of the second quarter, but subsequent global waves of the pandemic have…
UHERO State Forecast Update: Hawaii in early stages of recovery, then a setback
Hawaii’s COVID-19 resurgence put the brakes on a very tentative economic recovery. The further delay of the visitor industry restart and renewed strict social distancing…
UHERO Forecast with Scenario Analysis: Battered by COVID-19, Hawaii begins to reopen
The novel coronavirus crisis hit Hawaii with devastating effect. The abrupt economic shut-down, while successful in limiting the virus’s spread, has produced by far our…
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,…