UHERO Forecast with Scenario Analysis: Battered by COVID-19, Hawaii begins to reopen
From UHERO, May 28, 2020
The novel coronavirus crisis hit Hawaii with devastating effect.
The abrupt economic shut-down, while successful in limiting the virus’s spread, has produced by far our sharpest and deepest economic contraction.
But reopening has now commenced.
The question is what that reopening will look like, how long it will take, and what the legacy of COVID-19 will be for the Hawaii economy.
HNN: UH report: Under ‘optimistic’ scenario, tourism might not fully bounce back for 5 years
PBN: Tourism-reliant Hawaii economy will lag behind U.S. Covid recovery, UHERO report says
SA: Tourists could begin to return to Hawaii by late summer, economic report says