County Economic Conditions

1st Quarter 2019 Report

Download County Quarterly Economic Indicators (spreadsheet)

Overall economic conditions were mixed across the counties in the fourth quarter of 2018. The unemployment rate increased in all counties. Total non-agricultural wage and salary jobs increased in all counties, except Hawaii County. Total visitor arrivals by air increased in all counties, except Hawaii County. Visitor expenditures increased in Honolulu and Kauai, but decreased in Hawaii County and Maui. The value of private building permits increased in Honolulu and Maui, but decreased in Hawaii County and Kauai.

In the fourth quarter of 2018, the unemployment rate in Honolulu increased 0.4 of a percentage point from 1.9 percent to 2.3 percent; the unemployment rate in Maui County increased 0.4 of a percentage point from 2.1 percent to 2.5 percent; the unemployment rate in Hawaii County increased 0.9 of a percentage point from 2.3 percent to 3.2 percent; and the unemployment rate in Kauai County increased 0.7 of a percentage point from 1.9 percent to 2.6 percent.

In the fourth quarter of 2018, Honolulu gained 9,800 or 2.0 percent of non-agricultural wage and salary jobs over the same quarter of 2017. Professional & Business Services added the most jobs (3,400 jobs), followed by Food Services and Drinking Places (2,800 jobs), Financial Activities (1,800 jobs), Health Care & Social Assistance (900 jobs), and Other Services (500 jobs). The Government sector added 1,000 jobs. The largest private sector job losses occurred in Natural Resources, Mining, and Construction (lost 1,200 jobs); followed by Accommodation (lost 400 jobs), and Manufacturing (lost 300 jobs).

In the fourth quarter of 2018, Hawaii County lost 300 or 0.4 percent of non-agricultural wage and salary jobs over the same quarter of 2017. Retail Trade, Information, Health Care & Social Assistance, Educational Services, Professional & Business Services, and Arts, Entertainment & Recreation each added 100 jobs. The Food Services and Drinking Places lost 500 jobs and Accommodation lost 300 jobs in the quarter. The Government sector added 200 jobs in the quarter.

Maui County saw a net gain of 1,000 jobs or a 1.3 percent increase in the fourth quarter of 2018 over the same quarter of 2017. Jobs increased the most in Food Services and Drinking Places (600 jobs). Retail Trade, Financial Activities, and Professional & Business Services each added 200 jobs in the quarter. Arts, Entertainment & Recreation lost 200 jobs, and Information lost 100 jobs in the quarter. Government added 200 jobs in the quarter.

In the fourth quarter of 2018, Kauai County gained 500 wage and salary jobs or 1.6 percent from the same quarter of 2017. Professional & Business Services added 200 jobs. Financial Activities, Accommodation, Arts, Entertainment & Recreation, and Other Services each added 100 jobs. Health Care & Social Assistance, Food Services and Drinking Places, and Transportation, Warehousing, and Utility each lost 100 jobs in the quarter. Government added 100 jobs in the quarter.

In the fourth quarter of 2018, visitor arrivals by air increased in all counties, except Hawaii County. Visitor expenditures increased in Honolulu and Kauai, but decreased in Hawaii County and Maui. Visitor arrivals by air increased 3.4 percent in Honolulu, 1.4 percent in Maui, 3.4 percent in Kauai, but decreased 11.4 percent in Hawaii County. Visitor expenditures increased 0.9 percent in Honolulu, 3.3 percent in Kauai, but decreased 13.1 percent in Hawaii County, and 1.6 percent in Maui compared to the same quarter of 2017.

In the fourth quarter of 2018, private building permits increased in Honolulu and Maui, but decreased in Hawaii County and Kauai. In the fourth quarter of 2018, private building permits increased $83.8 million or 23.4 percent in Honolulu, increased $10.5 million or 10.3 percent in Maui, decreased $12.5 million or 35.7 percent in Kauai (only residential available), and decreased $29.6 million or 17.5 percent in Hawaii County from the same quarter of the previous year.