Hawaii economists ‘upbeat’ despite rising costs
Economists are “relatively upbeat” about Hawaii’s future, which includes better labor market conditions and business- and travel-related gains, though rising costs of gas as well as a drop in income growth might slow progress. With the COVID-19 pandemic slowly fading away as more resources and mitigation strategies become available, the University of Hawaii Economic Research Organization forecasts a broader economic recovery for the state. “Our outlook for Hawaii is relatively upbeat. The anticipated retreat of COVID-19 will clear the way for a more complete visitor ...
