News

DBEDT released its first quarter 2023 Statistical and Economic Report today. DBEDT kept its economic growth projections for 2023 and 2024 at 1.7 percent and 2.1 percent, respectively, unchanged from the projections made in the previous quarter.

According to preliminary visitor statistics released by DBEDT, a total of 791,781 visitors arrived in the Hawaiian Islands in January 2023, up 37.9 percent from January 2022.

According to preliminary visitor statistics released by DBEDT, a total of 871,870 visitors arrived in the Hawaiian Islands in December 2022, representing a 91.5 percent recovery from the same month in 2019.

DBEDT today announced that the seasonally adjusted unemployment rate for December was 3.2 percent, compared to 3.3 percent in October and November.

Hawaii Housing Finance & Development Corporation — The Hawaii Housing Finance and Development Corporation is urging Hawaii residents to respond to a major survey that is needed to assess issues relating to housing supply and demand throughout the state.