UHERO

Maui has seen a sharp economic decline in the immediate aftermath from deadly Aug. 8 fires, but UHERO's latest economic forecast does not see a significant spillover to the rest of the state.

Despite increasing uncertainty with the U.S. economy, state economists believe Hawaiʻi will avoid a recession and still have a positive 2023. HPR's Casey Harlow has more.

Economists at the University of Hawaiʻi are projecting a more optimistic view for the state. But inflation, a worker shortage and the slowing of U.S. visitor arrivals could dampen expectations. HPR's Casey Harlow has more.

The state's workforce could be dealing with the effects of long COVID, according to a new report from the University of Hawaiʻi Economic Research Organization.

UHERO economist Carl Bonham said the forecast remains similar to its last outlook, which predicted a mild recession. Now, he says a recession may occur by the middle of 2023.

Stock markets have continued to be volatile this week. And while there’s a focus on the state of the world and national economy, what could that mean for Hawaiʻi? Pacific Business News editor in chief A. Kam Napier has more.

The University of Hawaiʻi Economic Research Office predicts a mild recession in 2023. How that’ll impact Hawaiʻi hinges on the state’s tourism numbers.

Carl Bonham, the executive director of the University of Hawaiʻi Economic Research Office, says the economy is still in relatively good shape, but inflation remains the biggest threat.

Nearly a quarter of those responding said they depleted their savings during the pandemic and 9% lost their jobs. About a third reported some symptoms of depression, and 4.2% of the respondents said they had contemplated suicide in the last year.

A new University of Hawai’i’s Economic Research Organization brief took into account the inventory of affordable housing and the monetary costs of rezoning lands and permitting.