#recession hawaii

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.

Souki: Time to Rebuild What Recession Took Away

In an effort to strengthen economic development and job growth, and restore public services, House Speaker Rep. Souki said the state must proceed intelligently, and generate more state revenues.