UHERO Executive Director Carl Bonham provides a summary of the 2024 first quarter forecast report in this episode of “UHERO Focus.”

UHERO Forecast for the State of Hawaiʻi: Near-term slowing expected as pandemic recovery ends

from UHERO, Feb 23, 2024

Hawaii’s economy has been sustained by a resilient US and the gradual return of international visitors.

With the Islands’ post-pandemic recovery now largely complete, the economy will downshift this year, and support for growth will increasingly come from local sources, including a robust construction sector that will be bolstered by Maui rebuilding.

On the Valley Isle, the initial visitor recovery after the wildfires has proven somewhat stronger than expected, but rebuilding will take a long time, with many uncertainties about how this will play out.

PDF: Forecast

SA: Hawaii’s economic growth slowing, official says

CB: UHERO: ‘Resilient’ US Economy, Return Of Tourists Bolster Hawaii’s Outlook  

KHON: Economist shares outlook for Hawaii’s future | KHON2