‘It’s been a very rough ride’: Economic research group issues latest forecast
Although the anticipated rollouts of COVID-19 vaccines should improve the prospects for economic growth in Hawaii in the second half of 2021, the University of Hawaii’s Economic Research Organization says that making it to the point when the virus no longer poses a threat will be “painful and costly.”
UHERO on Friday issued its latest economic forecast as the state continues to struggle with the impact of the pandemic.
“The Hawaii economy began to recover from the COVID-19 downturn by the end of the second quarter, but subsequent waves of the pandemic have disrupted economic progress,” a summary of the forecast states.
‘It’s been a very rough ride’: Economic research group issues latest forecast
