#economic forecast hawaii

State Q2 report: Hawaiʻi’s visitor industry recovery accelerating, construction busy, employment increased

Despite slower growth projections at the national level, the economic growth projections for Hawaiʻi remain unchanged at 3.2% for 2022.

Council on Revenues Forecast Revised Downward

The state Council on Revenues yesterday downgraded its revenue forecast for Hawaiʻi to flat growth in 2014.

Hawaiʻi Enters “Expansion Phase” in Economic Forecast

According to Suyderhoud: tourism will taper, as the sector continues to grow but at a more moderate pace; construction will pick up, adding jobs; and state and local government will contribute to growth while federal spending will not.

Hawaii’s Economy in “Pause Mode”

The good news is there are a few bright spots in the most recent report on statewide economic activity.