Hawaii’s economy continues to roll along, but with signs of a slowdown ahead. The environment for tourism remains guarded, and the maturing of the construction cycle will remove what has been a major impetus for growth. Compared with recent experience, average rates of growth for jobs and income will trend lower over the next several years.
This analysis and near-term forecast was provided to Sponsors and Subscribers as part of the UHERO Construction Forecast. For more detailed multi-year forecasts, subscribe to UHERO’s Forecast Project.