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UHERO reveals downshift in economy, post-pandemic recovery mostly complete

Posted on AllSides February 24th, 2024
From The Center

HONOLULU (KHON2) — The University of Hawaii Economic Research Organization released their forecast for the first quarter of 2024, revealing that Hawaii’s post-pandemic recovery is mostly complete. The report stated there will be a downshift in the economy and the growth will come more from local sources, including the construction to rebuild Lahaina. According to the forecast, “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.”...

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