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Friday, March 28, 2014
Hotels and Condos Drive Construction Upturn
By UHERO @ 8:36 PM :: 4265 Views :: Economy

Hawaii Construction Forecast: Construction Upturn On Track

From UHERO March 28, 2014

Hawaii’s construction expansion continues apace. New condo towers in Kakaako are spurring double-digit growth in permits for residential construction. A sharp rise in commercial construction, much of it in resort areas, is on the horizon. Public spending on infrastructure has also leapt upward, as the State works to address shortfalls that have built up in recent years. And with recent federal court victories, the way ahead is now clear for Honolulu rail rapid transit. Now in its third year of recovery, the construction industry is positioned for healthy growth over the next several years.

A summary of this forecast is available as a service to the public. For more detailed analysis, subscribe to UHERO's Forecast Project.

Read ... Public Summary

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