HONOLULU (KHON2) — The Hawaiʻi Department of Business, Economic Development & Tourism (DBEDT), released its new Quarterly Statistical and Economic Report, and it’s predicting growth in the state’s 2025 and 2026 economies.
The agency now expects Hawaiʻi’s economy to grow 1.6% in 2025 and 1.5% in 2026.
The report points to several factors that shaped this outlook. These include the 43-day federal shutdown, steady visitor spending, easing inflation and a strong labor market…