County Economic Conditions

3rd Quarter 2021 Report

Download County Quarterly Economic Indicators (spreadsheet)

Overall economic conditions were positive across the counties in the second quarter of 2021. The unemployment rate decreased in all counties while total non-agricultural wage and salary jobs and total visitor arrivals by air increased. The value of private building permits increased in Honolulu, Hawaii County, and Maui, but decreased in Kauai (residential permits only).

In the second quarter of 2021, the unemployment rate in Honolulu decreased 9.9 percentage points from 16.9 percent to 7.0 percent; the unemployment rate in Maui County decreased 18.7 percentage points from 29.4 percent to 10.7 percent; the unemployment rate in Hawaii County decreased 11.3 percentage points from 19.0 percent to 7.7 percent; and the unemployment rate in Kauai County decreased 15.8 percentage points from 27.3 percent to 11.5 percent.

In the second quarter of 2021, Honolulu added 35,600 non-agricultural wage and salary jobs compared to the same quarter of 2020. Jobs increased the most in Food Services and Drinking Places, which added 13,600 jobs or 50.7 percent. This was followed by Accommodation which added 5,400 jobs or 73.0 percent, Professional & Business Services which added 4,700 jobs or 9.3 percent, Transportation, Warehousing & Utilities which added 2,400 jobs or 13.4 percent, and Retail Trade which added 2,200 jobs or 6.1 percent in the quarter. For the private sector, only Information lost 200 jobs in the quarter. The Government sector added 1,300 jobs or 1.4 percent in the quarter.

In the second quarter of 2021, Hawaii County added 5,600 or 10.1 percent of non-agricultural wage and salary jobs over the same quarter of 2020. Jobs increased the most in Food Services and Drinking Places which added 1,800 jobs or 50.0 percent. This was followed by Accommodation which added 1,500 jobs or 55.6 percent, and Retail Trade which added 500 jobs or 6.0 percent in the quarter. The Government sector added 600 jobs or 4.3 percent in the quarter.

Maui County added 9,300 jobs or a 17.4 percent increase in the second quarter of 2021 over the same quarter of 2020. Jobs increased the most in Accommodation which added 3,000 jobs or 56.6 percent. This was followed by Arts, Entertainment & Recreation which added 2,000 jobs or 200.0 percent, Food Services and Drinking Places which added 1,600 jobs or 43.2 percent, Transportation, Warehousing & Utilities which added 600 jobs or 22.2 percent, Professional & Business Services which added 500 jobs or 10.2 percent, and Retail Trade which added 500 jobs or 6.6 percent in the quarter. The Government sector added 600 jobs or 7.2 percent in the quarter.

Kauai County added 2,000 jobs or a 8.6 percent increase in the second quarter of 2021 over the same quarter of 2020. Jobs increased the most in Food Services and Drinking Places which added 800 jobs or 44.4 percent. This was followed by Accommodation which added 500 jobs or 27.8 percent, and Professional & Business Services which added 400 jobs or 16.7 percent in the quarter. The Government sector added 300 jobs or 6.1 percent in the quarter.

In the second quarter of 2021, visitor arrivals by air increased in all counties. Visitor arrivals by air increased 4,095.4 percent in Honolulu, 17,424.2 percent in Maui, 6,939.1 percent in Hawaii County, and 11,250.5 percent in Kauai compared to the same quarter of 2020.

In the second quarter of 2021, private building permits increased in Honolulu, Hawaii County, and Maui, but decreased in Kauai. In the second quarter of 2021, private building permits increased $563.2 million or 158.2 percent in Honolulu, increased $93.7 million or 56.1 percent in Hawaii County, increased $8.9 million or 6.7 percent in Maui, but decreased $13.2 million or 36.2 percent in Kauai (only residential available) from the same quarter of the previous year.