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Friday, May 23, 2014

Neighbor Islands Poised for Economic Growth

According to a report released by the University of Hawaii Economic Research Organization, the neighbor islands are poised for solid economic growth over the next two years. Below is a breakdown per county according to UHERO predictions:

Honolulu County
2014 - +0.3% visitor arrivals, +1.2% payroll jobs, +2.1% personal income
2015 - +0.3% visitor arrivals, +1.6% payroll jobs, +3.1% personal income

Hawaii (Big Island) County
2014 - +1.2% visitor arrivals, +1.8% payroll jobs, +3.5% personal income
2015 - +3.1% visitor arrivals, +2.2% payroll jobs, +4.1% personal income

Maui County
2014 - +2.2% visitor arrivals, +2.1% payroll jobs, +3.6% personal income
2015 - +2.9% visitor arrivals, +2.2% payroll jobs, +4.1% personal income

Kauai County
2014 - +1.7% visitor arrivals, +2.0% payroll jobs, +3.5% personal income
2015 - +3.6% visitor arrivals, +1.6% payroll jobs, +3.6% personal income


Source: Honolulu Star Advertiser, 5-23-2014, www.staradvertiser.com
Posted by Jeff Uyemura-Reyes, Principal Broker, REALTOR®
Global Executive Realty, LLC
www.myhawaiihomesearch.com
www.myhawaiicondo.com
www.myhawaiidreamhome.com