#economy 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.
House Committee on COVID-19 Discusses Balance of Economy and Health Concerns
Major General Kenneth Hara, Director of the Hawaiʻi Emergency Management Agency said he is concerned about civil unrest if economic conditions continue to decline; and asked for a consensus to determine when the state will move from one risk level to the next.
Direct Spending by International Students Reaches $302 M
A new report shows direct spending by foreign students in Hawaiʻi was $301.9 million for the 2015/16 school year.
Hawai‘i Awarded $764K to Study Military Impact on Economy
The defense industry is Hawai‘i’s #2 economic sector. This sector supports approximately 100,000 jobs, or 16.5% of Hawai‘i’s total jobs, across all islands.
Hawai‘i Sees Lowest Unemployment Rate Since April 2008
The Hawai‘i State Department of Labor & Industrial Relations announced that the seasonally adjusted unemployment rate for July was 3.7 percent, down from 4.0 percent in June. The last time the seasonally adjust unemployment rate was at or below 3.7 percent was in April 2008, when it was 3.6 percent, the department stated today.
