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UHERO Executive Director Carl Bonham provides a summary of the 2025 fourth quarter forecast report in this episode of “UHERO Focus.”
UHERO Forecast for the State of Hawaiʻi: Mild recession and weak recovery in 2026
from UHERO, Dec 12, 2025
Hawaii’s economy continues to edge into a mild recession. A tourism downturn is now underway, and job losses will occur in a number of sectors in 2026. Inflation, while currently low, will rise next year as tariffs continue to pass through to consumer prices. Construction remains the one consistently strong sector, supported by major new federal contracts and ongoing housing and infrastructure needs.
PDF: Forecast
SA: Hawaii faces ‘weak’ 2026 economy, report says | Honolulu Star-Advertiser
PBN: Hawaii economy heading toward mild recession, job losses expected - Pacific Business News
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