December 16, 2022 UH News The global outlook continues to darken, but prospects for Hawaiʻi remain largely unchanged from the last report on September 23, according to a new economic forecast from the University of Hawaiʻi Economic Research Organization (UHERO). Rising interest rates, dwindling pandemic era savings and the coming U.S. downturn will cause a pause in growth next year. But the belated recovery of the Japanese visitor market and surging public sector construction will prevent a recession in the islands.

https://www.hawaii.edu/news/2022/12/16/uhero-fourth-quarter-forecast-2022/

#hawaii