#post wildfire economy
UHERO: Maui wildfires trigger population loss, economic impact
The devastating wildfires that swept through Maui in 2023 have reduced the island’s population by more than 1,000 residents, driven by increased out-migration and declining in-migration, according to a new blog entry published by the University of Hawaiʻi Economic Research Organization.
UHERO forecasts a lagging Maui recovery and slower overall Hawaiʻi growth
Maui’s economy will only gradually recover from its post-wildfire downturn while visitor industries in other counties across the state will continue to operate at high levels, according to the University of Hawaiʻi Economic Research Organization’s (UHERO) third quarter forecast for 2024.
