News

The DBEDT Community-Based Economic Development Program has awarded an $8,000 grant to the Institute for Native Pacific Education and Culture (INPEACE) Center for Entrepreneurship.

DBEDT today announced that the seasonally adjusted unemployment rate for January was 3.0 percent, the same as the previous six consecutive months after benchmark revision.

DBEDT released its first quarter 2025 Statistical and Economic Report today. In the report, DBEDT adjusted its economic growth projections for 2025 to 1.7 percent, lower than the 2.0 percent projected in the previous quarter.

According to preliminary statistics from DBEDT, there were 792,177 visitors to the Hawaiian Islands in January 2025, a 3.8 percent increase compared to the same month last year.

Hawaii Housing Finance & Development Corp. — The expansion of a state-sponsored housing program could help provide homeownership to City and County of Honolulu employees who are working in professions that are facing shortages.