Credit uhero.hawaii.edu
UHERO s 2021 economic forecast
As we head into 2021, one of the questions we all have is, How is Hawaii s economy going to do in the new year? We talked about that with one of the state s leading economists - Carl Bonham, executive director of the University of Hawaii Economic Research Organization. He s also on the state Council on Revenues and he s part of the House Select Committee on COVID-19 Economic and Financial Preparedness. We spoke recently about the year ahead, but before President Trump had signed the latest federal COVID relief bill. Bonham says that continued federal support is a critical part of 2021. And while economic forecasting is always a tricky business, he does see some positives coming later in the year.
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