County Economic Conditions

3rd Quarter 2017 Report

Download County Quarterly Economic Indicators (spreadsheet)

Overall economic conditions were mostly positive across the counties in the second quarter of 2017.  The unemployment rate decreased and total non-agricultural wage and salary jobs increased in all counties. Total visitor arrivals by air and visitor expenditures increased in all counties. However; the value of private building permits decreased in all counties, except Maui.

In the second quarter of 2017, the unemployment rate in all counties decreased. The unemployment rate in Honolulu County decreased 0.3 of a percentage point from 3.0 percent to 2.7 percent; the unemployment rate in Maui County decreased 0.2 of a percentage point from 3.3 percent to 3.1 percent; the unemployment rate in Hawaii County decreased 0.6 of a percentage point from 4.1 percent to 3.5 percent; and the unemployment rate in Kauai County decreased 0.4 of a percentage point from 3.5 percent to 3.1 percent.

In the second quarter of 2017, Honolulu gained 5,900 or 1.2 percent of non-agricultural wage and salary jobs over the same quarter of 2016.  Retail Trade added the most jobs (2,300 jobs), followed by Food Services & Drinking Places (1,700 jobs), Accommodation (900 jobs), Professional & Business Services (900 jobs), and Educational Services (700 jobs).  The Government sector added 600 jobs.  The largest private sector job losses occurred in Natural Resources, Mining, and Construction (600 jobs lost), followed by Health Care & Social Assistance (500 jobs lost), Manufacturing (400 jobs lost), and Wholesale Trade (400 jobs lost).

In the second quarter of 2017, Hawaii County added 800 non-agricultural wage and salary jobs or 1.2 percent, over the same quarter of 2016.  Food Services and Drinking Places added the most jobs (600 jobs), followed by Retail Trade (300 jobs), and    Transportation, Warehousing, and Utility (200 jobs).  The largest private sector job losses occurred in Arts, Entertainment & Recreation (200 jobs lost), and
Natural Resources, Mining, and Construction (200 jobs lost).  The Government sector jobs remained the same in the quarter.

Maui County saw a net gain of 1,900 jobs or a 2.6 percent increase in the second quarter of 2017 over the same quarter of 2016. Jobs increased the most in Arts, Entertainment & Recreation (700 jobs), followed by Natural Resources, Mining, and Construction (400 jobs).  The largest private sector job losses occurred in the Manufacturing sector (100 jobs lost).  Government added 200 jobs in the quarter.

In the second quarter of 2017, Kauai County gained 200 wage and salary jobs or 0.7 percent from the same quarter of 2016.  Food Services and Drinking Places added the most (300 jobs) in the quarter, followed by Accommodation (200 jobs), and Retail Trade (100 jobs).  The largest private sector job losses occurred in Arts, Entertainment and Recreation (300 jobs lost), followed by Wholesale Trade (100 jobs lost).  Government jobs were unchanged in the quarter.

In the second quarter of 2017, both visitor arrivals by air and visitor expenditures increased in all counties.  Visitor arrivals by air increased 4.1 percent in Honolulu, 5.3 percent in Maui, 15.0 percent in Hawaii County, and 9.3 percent in Kauai.  Visitor expenditures increased 3.4 percent in Honolulu, 16.6 percent in Hawaii County, 12.7 percent in Kauai, and 6.7 percent in Maui compared to the same quarter of 2016.

In the second quarter of 2017, private building permits decreased in all counties, except Maui.  Honolulu decreased $50.4 million or 8.3 percent, Hawaii County decreased $111.2 million or 51.4 percent, Kauai County (only residential available) decreased $14.1 million or 33.3 percent; only Maui County increased $36.6 million or 39.1 percent from the same quarter of the previous year.