County Economic Conditions

2nd Quarter 2020 Report

Download County Quarterly Economic Indicators (spreadsheet)

Overall economic conditions were mixed across the counties in the first quarter of 2020. The unemployment rate decreased in all counties. Total non-agricultural wage and salary jobs increased in Hawaii County and Kauai; but declined in Honolulu and Maui. Total visitor arrivals by air and visitor expenditures decreased in all counties. The value of private building permits decreased in Honolulu; but increased in all other counties.

Note: The survey data for the reference week ending March 14 used to develop the March 2020 Hawaii labor market statistics precedes, and therefore does not reflect, the economic impacts being experienced now due to the spread of COVID-19 in Hawaii.

In the first quarter of 2020, the unemployment rate in Honolulu decreased 0.1 of a percentage point from 2.6 percent to 2.5 percent; the unemployment rate in Maui County decreased 0.2 of a percentage point from 2.7 percent to 2.5 percent; the unemployment rate in Hawaii County decreased 0.3 of a percentage point from 3.5 percent to 3.2 percent; and the unemployment rate in Kauai County decreased 0.1 of a percentage point from 2.8 percent to 2.7 percent.

In the first quarter of 2020, Honolulu lost 100 non-agricultural wage and salary jobs over the same quarter of 2019. Natural Resources, Mining, & Construction and Health Care & Social Assistance added the most jobs (both added 700 jobs); followed by Food Services and Drinking Places and Transportation, Warehousing & Utilities (both added 600 jobs). The Government sector added 400 jobs. The largest private sector job losses occurred in Retail Trade (lost 1,300 jobs); followed by Information (lost 800 jobs).

In the first quarter of 2020, Hawaii County added 600 or 0.8 percent of non-agricultural wage and salary jobs over the same quarter of 2019. The Accommodation sector added 400 jobs. Natural Resources, Mining, & Construction and Transportation, Warehousing & Utilities each lost 300 jobs in the quarter. The Government sector added 300 jobs in the quarter.

Maui County lost 400 jobs or a 0.5 percent decrease in the first quarter of 2020 over the same quarter of 2019. Jobs increased the most in Transportation, Warehousing & Utilities and Health Care & Social Assistance (both added 200 jobs). Job decreased the most in Other Services (lost 200 jobs) Government jobs were unchanged in the quarter.

In the first quarter of 2020, Kauai County gained 200 wage and salary jobs or 0.6 percent from the same quarter of 2019. The Government sector gained 100 jobs in the quarter.

In the first quarter of 2020, visitor arrivals by air and visitor expenditures decreased in all counties. Visitor arrivals by air decreased 17.4 percent in Honolulu, 17.8 percent in Maui, 14.6 percent in Hawaii County, and 15.9 percent in Kauai. Visitor expenditures decreased 21.1 percent in Honolulu, 4.0 percent in Hawaii County, 10.7 percent in Maui, and 8.3 percent in Kauai compared to the same quarter of 2019.

In the first quarter of 2020, private building permits decreased in Honolulu; but increased in all other counties. In the first quarter of 2020, private building permits decreased $85.5 million or 16.3 percent in Honolulu, increased $64.6 million or 79.6 percent in Maui, increased $39.9 million or 31.9 percent in Hawaii County, and increased $4.8 million or 15.7 percent in Kauai (only residential available) from the same quarter of the previous year.