Hawaii Construction Forecast: Planned Projects Support Healthy Construction Outlook

Economy, Forecasts

Hawaii construction activity continues at a healthy pace, with a modest pickup over the past year. New and pending projects, particularly high-rise residential building on Oahu, will sustain construction employment near its current level for the next several years. Planned large-scale public sector projects will provide additional support. The primary risk to this forecast is a falloff in demand that could come from weakening local and global economic conditions.