County Economic Conditions

3rd Quarter 2019 Report

Download County Quarterly Economic Indicators (spreadsheet)

Overall economic conditions were mixed across the counties in the second quarter of 2019. 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 Honolulu and Maui, however decreased in Hawaii County and Kauai. Visitor expenditures increased in Maui, however decreased in all other counties. The value of private building permits increased in Hawaii County, however the value decreased in all other counties.

In the second quarter of 2019, the unemployment rate in Honolulu increased 0.3 of a percentage point from 2.4 percent to 2.7 percent; the unemployment rate in Maui County increased 0.3 of a percentage point from 2.5 percent to 2.8 percent; the unemployment rate in Hawaii County increased 0.9 of a percentage point from 2.9 percent to 3.8 percent; and the unemployment rate in Kauai County increased 0.3 of a percentage point from 2.5 percent to 2.8 percent.

In the second quarter of 2019, Honolulu gained 3,400 or 0.7 percent of non-agricultural wage and salary jobs over the same quarter of 2018. Food Services and Drinking Places added the most jobs (1,700 jobs), followed by Natural Resources, Mining, & Construction (700 jobs), Professional & Business Services (700 jobs), Health Care & Social Assistance (400 jobs), and Other Services (300 jobs). The Government sector added 1,700 jobs. The largest private sector job losses occurred in Retail Trade (lost 1,700 jobs); followed by Arts, Entertainment & Recreation (lost 300 jobs), and Manufacturing (lost 300 jobs).

In the second quarter of 2019, Hawaii County lost 1,200 or 1.7 percent of non-agricultural wage and salary jobs over the same quarter of 2018. Almost all sectors stayed the same or lost jobs. The Accommodation sector lost the most at 600 jobs; followed by Food Services and Drinking Places (lost 400 jobs), and Retail Trade (lost 400 jobs) in the quarter. The Government sector also lost 100 jobs in the quarter.

Maui County saw a net gain of 800 jobs or a 1.0 percent increase in the second quarter of 2019 over the same quarter of 2018. Jobs increased the most in Accommodation (600 jobs); followed by Food Services and Drinking Places (300 jobs), Natural Resources, Mining, & Construction (200 jobs), and Other Services (200 jobs). Arts, Entertainment & Recreation lost 200 jobs, and Transportation, Warehousing, and Utilities lost 200 jobs in the quarter. Government added 100 jobs in the quarter.

In the second quarter of 2019, Kauai County gained 100 wage and salary jobs or 0.3 percent from the same quarter of 2018. Health Care & Social Assistance, Arts, Entertainment & Recreation, Food Services and Drinking Places, and Accommodation each added 100 jobs. Retail Trade lost 200 jobs and Financial Services lost 100 jobs in the quarter. The Government sector added 200 jobs in the quarter.

In the second quarter of 2019, visitor arrivals by air increased in Honolulu and Maui, however decreased in Hawaii County and Kauai. Visitor expenditures increased in Maui, however decreased in all other counties. Visitor arrivals by air increased 5.4 percent in Honolulu and 4.9 percent in Maui, but decreased 0.2 percent in Hawaii County, and 2.1 percent in Kauai. Visitor expenditures increased 2.5 percent in Maui but decreased 7.3 percent in Kauai, 9.1 percent in Hawaii County, and 0.9 percent in Honolulu compared to the same quarter of 2018.

In the second quarter of 2019, private building permits increased in Hawaii County, but decreased in all other counties. In the second quarter of 2019, private building permits increased $6.3 million or 5.5 percent in Hawaii County, decreased $230.3 million or 30.5 percent in Honolulu, decreased $58.5 million or 30.6 percent in Maui, and decreased $17.2 million or 36.2 percent in Kauai (only residential available) from the same quarter of the previous year.