UHERO State Forecast Update: Hawaii in early stages of recovery, then a setback
From UHERO, September 25, 2020
Hawaii’s COVID-19 resurgence put the brakes on a very tentative economic recovery.
The further delay of the visitor industry restart and renewed strict social distancing on Oahu have hit both tourism and locally-focused businesses.
Our baseline forecast now sees meaningful economic recovery delayed until the middle of next year, and an attenuated recovery period thereafter.
KHON: Local economists say Hawaii COVID response was ‘regrettable, to say the least’