Hawaiʻi Economy Forecast Predicts Stagnation and Job Losses
1 report, 1 independent
Updated Oct 8
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What happened
An economic forecast for the third quarter of 2026 was released, indicating that the economy in Hawaiʻi is stagnating and not growing. The forecast predicts job losses for the year, citing high energy costs, affordability issues, and recent weather events as contributing factors. The outlook suggests recovery may begin next year, depending on global events.
Why it matters
The forecast highlights significant economic pressures, including declining tourism as visitors shorten their vacations. Global political hotspots are also noted as putting pressure on affordability for both residents and visitors.
Who's involved
- HonoluluThe location whose economic forecast was analyzed
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The entities involved
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Jinwook Lee
researcher (ORCID 0000-0001-6547-2509)
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