UHERO Forecast for the State of Hawaii: More Substantial Recovery in Sight

COVID-19, Economy, Forecasts
21Q1 Forecast Cover

Hawaii is struggling to emerge from the COVID-19 downturn, but the recovery is poised to accelerate. Falling virus counts and vaccination progress set the stage for a strengthening of tourism and the broader economy. The pandemic has damaged businesses and lower-income households, and full recovery remains several years down the road.