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Hawaii’s Economy to Expand by 2% in 2025, Fueled by Construction, Real Estate, and Tourism


Hawaii’s economy is expected to grow by 2% in 2025, driven by the construction, real estate, and tourism sectors, according to the Department of Business, Economic Development, and Tourism (DBEDT). This growth forecast remains unchanged from previous projections. The construction industry has been experiencing continuous growth over the past decade, and home sales and prices are rising after a decline in 2023. Although visitor arrivals are expected to decrease slightly this year, tourism is projected to improve in 2025, especially with the Japanese market beginning to recover. However, full recovery of the tourism industry is not expected until 2027. To stay informed on the latest news in Hawaii, residents can sign up for News 2 You and download the free KHON2 app for iOS or Android. These projections indicate positive economic growth for Hawaii in the coming years, providing hope for continued success in key industries such as construction, real estate, and tourism.

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