Construction activity is one of the factors that could help buoy Hawaii’s economy in the event of a U.S. recession, local economists say. The Maui News / MATTHEW THAYER photo Despite heightened ...
Here at home, Hawaii lawmakers were predicting a substantial dent in the state budget. Lawmakers said a recession could mean less money in the treasury during these uncertain times when federal ...
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Hawaii economists say federal cuts could increase recession riskHONOLULU (HawaiiNewsNow) - The University of Hawaii Economic Research Organization says federal layoffs would impact roughly 2,200 jobs, about 5% of Hawaii’s workforce. That offsets Hawaii’s ...
As UHERO said in its late February forecast: “More extensive federal layoffs, tariffs, or deportations could well result in a Hawaii recession and undermine long-term growth prospects.” ...
UHERO estimates about 2,200 Hawaii-based federal workers, not counting Department of Defense employees, will be among the jobs cut this year. Hawaii’s economy is under threat from federal ...
The 2025 first-quarter economic forecast by the University of Hawaii Economic Research Organization paints a somber outlook of the state economy, warning of the potential for a recession depending ...
That offsets Hawaii’s construction boom and local tax cuts, increasing risk of a recession over next few years, university economists said. “We are not forecasting a recession,” said Carl ...
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