Department of Business, Economic Development & Tourism

In this issue, we highlight efforts that reflect DBEDT’s commitment to driving economic growth in ways that uplift our communities, protect our environment, and create opportunities across the islands. From Washington, D.C. to Wailuku, Hawaii was well represented – mahalo to all who are helping to move Hawaii forward.

May is National Small Business Month as well as Haaheo, Pride in Public Service Month. This issue focuses on building Hawaii’s economic future including the recent Hawaii Made conference, Hale Pilina groundbreaking, and LA Rams partnership announcement, as well as the team that carries out this work on behalf of the state.

Our April newsletter highlights the strength of Hawaii’s communities to lead with purpose, resilience, and innovation. These efforts align with our broader vision – advancing clean energy, supporting local businesses, and building a resilient workforce.

This issue features the most recent research and statistical updates from the Research and Economic Analysis Division (READ). It highlights key insights into Hawaii’s economic outlook, tourism trends, labor conditions and energy burdens and provides direct access to our full suite of reports and interactive tools.

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.

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.

In this newsletter, we’re proud to share highlights of DBEDT’s ongoing work – from engaging with local farmers and entrepreneurs, emphasizing our commitment to agriculture and food innovation, to creating opportunities that open doors for future international partnerships – together, these efforts reflect our vision for a resilient and innovative Hawaii.