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Pandemic recovery ending, construction up for 2024, according to UHERO report

Posted on AllSides February 24th, 2024
From The Center

Hawaiʻi’s economy has been sustained by a resilient U.S. economy and the gradual return of international visitors. According to the University of Hawaiʻi Economic Research Organization’s first-quarter forecast for 2024, with the islands’ post-pandemic recovery now largely complete, the economy will downshift this year, and growth will increasingly come from local sources, including a robust construction sector bolstered by the rebuilding of Lāhainā on Maui. “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...

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