Hawai’i Construction Forecast Update: Slow Decline But No Contracting Crunch
While the external environment has become decidedly more risky since last fall, this forecast makes only a small downward revision to the forecast path. Construction
While the external environment has become decidedly more risky since last fall, this forecast makes only a small downward revision to the forecast path. Construction
Dr. Bonham, UHERO’s executive director will give the Plenary Address at the Western Regional Science Association’s 47th Annual Meeting in Kona on Sunday February 17th.
The weakening U.S. economy and the persistence of high energy prices lead us to mark down a bit our Hawai’i growth estimates for the end
The world economy began to slow in 2007, after peaking at nearly 4% growth in real gross world product in 2006. Slowing has been centered
Moderate economic expansion is expected to continue in Hawai’i for the remainder of the year, with further slowing into 2008 and 2009. The visitor industry
Despite concerns related to recent financial market turmoil, Hawai’i’s construction industry still appears to be poised for a soft landing. Growth in real contracting receipts
The poor start for tourism and a restrained external outlook means that the visitor industry can expect to see no annual growth this year, and
The overall outlook for Hawai‘i’s county economies is for continued slowing along a path that has been evident since at least the middle of 2005.
Hawai‘i’s construction cycle is near or past its peak,depending on which sector you look at. While the homebuilding peak occurred in 2005-06, the peak in
There was a pause in Hawai’i tourism growth last year, held back by capacity constraints and relatively soft visitor demand. It will be several years