#Economic Forecast
Maui wildfires continue to impact economic recovery; sluggish economic growth in 2024 forecast
The Maui wildfires continue to have pronounced impacts on the economic indicators for all counties, but especially Maui County, according to new information compiled by the state Department of Business Economic Development and Tourism. The information was part of the department’s second quarter 2024 Statistical and Economic Report.
UHERO forecast: State faces headwinds, Maui recovery is ongoing
UHERO forecast: “There remain a host of uncertainties surrounding Maui’s future recovery path, including how fast residents can be moved from hotels to more permanent housing, the speed of ongoing cleanup work, the extent and duration of support programs, and how long and in what fashion rebuilding will occur.”
UHERO forecast shows “promise and peril” for Hawaiʻi’s economy
Recent developments bring both “promise and peril” for Hawaiʻi, according to the University of Hawaiʻi Economic Research Organization’s second quarter forecast for 2023 released today.
Despite Projections for a Double Digit Economic Downturn in 2021, Budget Chairs Do Not Anticipate Statewide Pay Cuts
Dela Cruz and Luke believe that the state can weather the economic downturn without imposing school furloughs, statewide pay cuts or cuts to critical social services.
Accelerated Economic Growth Forecast in 2018
DBEDT: Hawaiʻi’s economy started to accelerate during the first quarter of 2018 and the economic growth in 2018 will be better than previously projected.
First Hawaiian Bank Reports Business Activity Up
The second quarter First Hawaiian Bank Business Activity Report showed an increase of 8.05% in “same store sales” over the comparable period of 2011.
First Hawaiian: Business Activity Highest in Two Years
According to the latest First Hawaiian Bank Business Activity Report, “same store sales” for the first quarter 2011 are up 10.38% over the same period last year.
Future Looks Bright for 2012 Hawaii Tourism
Hawaii’s tourism economy continues to growing following another strong month of visitor arrivals and spending in February.
Council on Revenues Lowers Economic Forecast
The Council on Revenues lowered its revenue forecast for 2012 fiscal year yesterday by 3 percentage points since its earlier estimate in September 2011.
Slower Recovery Forecast, No Double-Dip
Dr. Leroy Laney told an audience at First Hawaiian Bank’s Business Outlook Forum on Oahu Friday that Hawaii’s 2012 outlook is for a slower recovery than was envisioned just a few months ago.
State Predicts Slow Growth and 3% Inflation
Down 0.3% from the 1.6% growth, the Department of Business, Economic Development & Tourism released its 3rd quarter forecast with slow growth for the rest of 2011.
Hawaii Recovery Takes Hold according to UHERO Economic Forecast
Hawai’i’s economic recovery has begun according to the latest economic forecast released by the University of Hawaii Economic Research Organization. The Spring report says employment is stabilizing, with many sectors expected to add modest numbers of jobs as the year progresses. While growth is resuming, the pace of recovery—according to the report—will be slow. […]
GOVENOR, ECONOMIST & CARGO COMPANY TO SPEAK AT MAUI CHAMBER EVENTS
The Maui Chamber of Commerce will host several upcoming events on Maui featuring island dignitaries. 2009 ANNUAL GOVERNOR’S LUNCHEON The first will be held this Friday, January 30, 2009 at the King Kamehameha Golf Club in Waikapu. There, Governor Lingle will deliver the keynote address at the Maui Chamber of Commerce’s annual meeting.  Lingle is […]
