UHERO Forecasts provide the Hawaii community with analysis of economic trends in the State and the Asia-Pacific region.
The Japanese earthquake has led to a pause in visitor industry growth, but unless we see a further spike in oil prices, Hawaii’s economic recovery
Private construction has largely stabilized in the islands and poised for limited growth. But the big impetus for construction on Oahu will come from rail
Recovery edges forward in the Islands, for now primarily in tourism and mostly on Oahu. But the very rapid tourism rebound will begin to spill
Hawaii’s construction industry continues to seek a bottom to what has been a bruising downturn. Recent months have brought some encouraging news, but for at
Recovery will take hold across Hawai’i’s four counties during 2010. Visitor numbers have stabilized and will gradually improve as growth strengthens in major tourism markets.
Hawai’i’s economic recovery has begun. Employment is stabilizing, and many sectors will begin to add modest numbers of jobs as the year progresses. While growth
After a deep, synchronized recession, growth is resuming across a broad swath of the global economy. Leading the rebound are the dynamic Asian economies. These
Things are looking up for the U.S. and global economies. Japan returned to growth in the second quarter, and it appears likely that the U.S.
The U.S. recession is easing, but prospects for a quick Hawai’i construction recovery remain poor. We expect U.S. output to grow by more than 2%
Two recent developments have caused us to mark down a bit our already weak outlook for the Hawai’i economy. The H1N1 flu epidemic has worsened
Hawai’i’s counties face the most challenging economic environment in many years. The severe U.S. and global recessions will last through much of 2009, and when