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
Social distancing is necessary to slow the spread of COVID-19, but has significant economic impacts, hitting dine-in eateries disproportionately hard.
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,
By Peter Fuleky Big data analysis has a long history in macroeconomics. In 1937, National Bureau of Economic Research researchers Wesley Mitchell and Arthur Burns
By Rachel Inafuku and Peter Fuleky Living in paradise comes at a cost. Hawaii is notorious for its combination of high costs of living and low
Dynamic factor models are parsimonious representations of relationships among time series variables. With the surge in data availability, they have proven to be indispensable in
By Byron Gangnes, Peter Fuleky, and Carl Bonham In a Sunday Tweet, President Trump threatened this week to increase dramatically the tariffs he has placed
By Peter Fuleky, James Jones, Ashley Hirashima, and Rachel Inafuku The most widely cited measure of labor market activity in Hawaii comes from the Current
UHERO is proud to announce that “Forecasting in a Mixed Up World: Nowcasting Hawaii Tourism” by Ashley Hirashima, James Jones, Carl Bonham and Peter Fuleky was awarded