Over the past year, there has been a broad slowing of growth across the four counties. To varying degrees, each has seen a falloff in tourism activity and a slowing of employment growth in a number of sectors. Our near-term outlook for all counties remains muted, reflecting limits to growth in a still-tight labor market, restrained tourism prospects, and a mature construction expansion.
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.