#economic outlook 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.
Committee on COVID-19 Hears Update on Economic Outlook and Public Health Recovery
Chris Tatum, President and CEO of the Hawaiʻi Tourism Authority said about 70,000 people are now unemployed that had worked in the tourism industry and their health benefits are at risk. The subcommittee expects tourism will recover slowly because over a third of American travelers say they don’t expect to take a commercial trip until sometime in 2021 at the earliest.