As we move further into 2025, DBEDT remains focused on fostering economic opportunities that strengthen Hawaii’s communities. This month’s updates highlight key initiatives shaping our state’s future—from housing and workforce development to business advocacy and clean energy education.
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This month’s newsletter highlights several initiatives that demonstrate how partnerships between government, businesses and community organizations can drive progress. From the Hawaii State Energy Office’s new study on alternative fuels to the Generational Economy Report produced with UHERO, these efforts provide valuable insights to guide our future.
Welcome to the DBEDT READ 2025 Q1 Newsletter, which introduces the latest data and research produced by the Research and Economic Analysis Division (READ) since October 2024. This issue provides an overview of Hawaii’s economic conditions, labor climate, and tourism activity, with links to detailed reports and analyses.
At DBEDT, we remain committed to expanding and diversifying Hawaii’s economy, reversing the brain drain and growing our tax base. Hawaii recently received federal designation as the nation’s first statewide Economic Development District – more details about what that means are included in this issue. Together, we can build a stronger, more sustainable Hawaii for future generations.
This year, DBEDT remained steadfast in supporting strategic projects, policies, and infrastructure that advance Hawaii’s renewable energy goals. We also prioritized innovation, fostering growth in technology-driven enterprises and startups that diversify our economy and inspire entrepreneurship. Please check out our December 2024 issue to learn more.