After several years of rapid expansion, the pace of building has eased. A number of significant condo and retail projects have wrapped up on Oahu, while fewer new buildings have broken ground, resulting in an overall reduction in construction activity and employment. But statewide there remain enough new projects in the pipeline to maintain construction activity near its current level through the end of the decade.
This analysis and near-term forecast is available as a service to the public. For more detailed multi-year forecasts, subscribe to UHERO’s Forecast Project.