University of Hawaii Manoa: State Facing Headwinds, Maui Recovery Ongoing in UHERO Forecast
December 16, 2023
December 16, 2023
MANOA, Hawaii, Dec. 16 (TNSres) -- The University of Hawaii Manoa campus issued the following news release:
Hawai'i's economy has been resilient in the face of weakening U.S. and global economies, high interest rates and the slower return of Japanese travelers. According to the University of Hawai'i Economic Research Organization's (UHERO) fourth quarter forecast for 2023, deceleration in key visitor markets will produce slower growth in 2024. But, absent a U.S. recession, moderate . . .
Hawai'i's economy has been resilient in the face of weakening U.S. and global economies, high interest rates and the slower return of Japanese travelers. According to the University of Hawai'i Economic Research Organization's (UHERO) fourth quarter forecast for 2023, deceleration in key visitor markets will produce slower growth in 2024. But, absent a U.S. recession, moderate . . .