Like the U.S. economy overall, Hawaii continues on a moderate growth path despite financial market volatility, a surging dollar, and global slowing. To be sure, record-setting levels of visitor activity are beginning to feel the adverse effects, but construction strength and a pause in federal sequestration have arrived at just the right time. While risks have clearly heightened in recent months, our outlook is for fairly decent growth over the next several years.
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.