Welcome to this quarter’s newsletter from the Research and Economic Analysis Division of DBEDT. In addition to our regular updates on tourism and labor statistics, this issue includes the quarterly economic forecast as well as special reports that provide insights on tax credits for research activities and an in-depth profile of Oahu’s North Shore, highlighting demographics, business trends, and visitor statistics.
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In this issue, we spotlight DBEDT’s efforts to support our local economy and communities — from strengthening ties with Japan to programs making homeownership more accessible, these initiatives reflect our focus on resiliency and sustainability for the future of our state.
After a busy and productive summer, we remain committed to supporting our businesses and communities as we continue to build a dynamic and resilient future for Hawaii. In this September issue of our newsletter, we focus on Maui’s economic recovery, strengthening international relations, helping small businesses, new energy efficiency programs, and more.
The report provides concise statistical information and analyses on Labor, Income and Prices, Taxes, Tourism, Construction, and other indicators, as well as an overview of the State of Hawaii and the four counties.
As we reflect on the one-year anniversary of the devastating Maui wildfires, we would like to acknowledge the incredible resilience shown by our community and share how DBEDT has been supporting recovery efforts. From providing housing relief through the Hale O Laie interim housing project to supporting local businesses through grants and resources, we continue to work on long-term economic revitalization, focusing on innovation, entrepreneurship, and sustainability.