Forecast

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

UHERO State Forecast Update: Growing in a Riskier World

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, …

Annual Hawaii Forecast: Expansion Will Continue, Despite Global Challenges

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, …

UHERO State Forecast Update: Except for Weather, Outlook Shines

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 …

UHERO County Forecast: Neighbor Island Tourism Still Has Room to Grow

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 …

Hawaii Construction Forecast: Construction Building Up

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 …

UHERO State Forecast Update: Hawaii on Steady Course for 2015

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, …

UHERO Asia-Pacific Forecast: Moderate Regional Growth Faces Rising Risks

The Asia-Pacific economy slowed this year, and only slight acceleration is expected in 2015. While US economic conditions are steadily improving, Japan has had to …

UHERO State Forecast Update: Hawaii’s Economy In Need of An Engine

Prospects for Hawaii growth remain muted. Despite a pickup over the summer, visitor arrivals have been soft this year, and the period of robust visitor …

Annual Hawaii Forecast: Hawaii Growth Slows As Global Risks Rise

The stall in tourism has slowed the Hawaii economy, and no other sector has yet emerged to provide offsetting stimulus. Construction has been slow to …