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Outlook for the Economy

Posted on Aug 31, 2022 in Featured

DBEDT released its third quarter 2022 Statistical and Economic Report today. DBEDT lowered Hawaii economic growth projections for 2022 and 2023.

According to preliminary visitor statistics released by DBEDT, a total of 919,154 visitors came to the Hawaiian Islands in July 2022, representing a 92.4 percent recovery from July 2019.

DBEDT today announced that the seasonally adjusted unemployment rate for July was 4.1 percent, compared to the revised rate of 4.2 percent in June.

Hawaii Technology Development Corp. — Pacific Tech 2022 (formerly known as the Hawaii SBIR Conference) is happening in Honolulu in 2022.