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
We evaluate the short term forecasting performance of methods that systematically incorporate high frequency information via covariates. Our study provides a thorough introduction of these
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
By Peter Fuleky The Federal Reserve is poised to raise interest rates, but whether the Fed begins liftoff tomorrow or early in the New Year,