{"id":60365,"date":"2017-05-19T07:00:33","date_gmt":"2017-05-19T17:00:33","guid":{"rendered":"http:\/\/www.hawaii.edu\/news\/?p=60365"},"modified":"2019-03-05T16:30:35","modified_gmt":"2019-03-06T02:30:35","slug":"uheroforecast-county-economies-still-growing","status":"publish","type":"post","link":"https:\/\/www.hawaii.edu\/news\/2017\/05\/19\/uheroforecast-county-economies-still-growing\/","title":{"rendered":"<abbr title=\"University of Hawaii Economic Research Organization\">UHERO<\/abbr> forecast: County economies still growing, but slowing"},"content":{"rendered":"<span class=\"span-reading-time rt-reading-time\" style=\"display: block;\"><span class=\"rt-label rt-prefix\">Reading time: <\/span> <span class=\"rt-time\"> &lt; 1<\/span> <span class=\"rt-label rt-postfix\">minute<\/span><\/span><p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/www.hawaii.edu\/news\/wp-content\/uploads\/2016\/02\/manoa-uhero-report.jpg\" alt=\"landscape of Honolulu harbor\" width=\"620\" height=\"159\" class=\"alignnone size-full wp-image-43334\" srcset=\"https:\/\/www.hawaii.edu\/news\/wp-content\/uploads\/2016\/02\/manoa-uhero-report.jpg 620w, https:\/\/www.hawaii.edu\/news\/wp-content\/uploads\/2016\/02\/manoa-uhero-report-260x67.jpg 260w\" sizes=\"auto, (max-width: 620px) 100vw, 620px\" \/><\/p>\n<p class=\"clear-photo\">The newest <a href=\"http:\/\/uhero.hawaii.edu\/\">University of <span aria-label=\"Hawaii\">Â鶹´«Ã½<\/span> Economic Research Organization<\/a> (UHERO) report focuses on the economic growth for <span aria-label=\"Hawaii\">Â鶹´«Ã½<\/span>.<\/p>\n<p>Prospects are good for continued growth in each of <span aria-label=\"Hawaii\">Â鶹´«Ã½<\/span>&#8217;s four counties, if at a slower pace than in recent years. The tourism expansion has staying power, but capacity constraints will necessarily limit future gains. Construction is approaching or settling at the peak for this cycle, and tight labor markets will mean a deceleration of growth across other sectors. The counties share common risks, primarily from the continuing policy uncertainties emanating from Washington, D.C.<\/p>\n<ul>\n<li>Tourism continues to climb to new heights in all counties, and there will be further incremental gains.<\/li>\n<li>Construction is now at or near its cyclical peak in all counties.<\/li>\n<li>Labor markets have been restored to health, and with unemployment now at low levels job growth will be more limited going forward.<\/li>\n<li>The counties face common uncertainties, both for specific industries and more broadly.<\/li>\n<\/ul>\n<p>For the full <a href=\"http:\/\/uhero.hawaii.edu\/products\/view\/573?platform=hootsuite\">public summary go to the <abbr>UHERO<\/abbr> website<\/a> and for a detailed analysis, subscribe to <a href=\"http:\/\/uhero.hawaii.edu\/72\/subscription-form\"><abbr title=\"University of Hawaii Economic Research Organization\">UHERO<\/abbr>&#8217;s Forecast Project<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Prospects are good for continued growth in each of Â鶹´«Ã½&#8217;s four counties, if at a slower pace than in recent years.<\/p>\n","protected":false},"author":16,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[30],"tags":[301,197,9,343],"class_list":["post-60365","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-research","tag-college-of-social-sciences","tag-economics","tag-uh-manoa","tag-uhero","entry","has-media"],"aioseo_notices":[],"aioseo_head":"\n\t\t<!-- All in One SEO 5.0.0.1 - aioseo.com -->\n\t<meta name=\"description\" content=\"Prospects are good for continued growth in each of Hawaii\u2019s four counties, if at a slower pace than in recent years.\" \/>\n\t<meta name=\"robots\" content=\"max-image-preview:large\" \/>\n\t<meta name=\"author\" content=\"Â鶹´«Ã½News\"\/>\n\t<meta name=\"keywords\" content=\"university of hawaii,uh 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