UHERO

AcronymDefinition
UHEROUniversity of Hawaii Economic Research Organization
UHEROUniversity Homeless Empowerment Relationship Organization (University of Michigan)
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UHERO's Gangnes says the trend of timeshare development is not specific to Hawaii.
UHERO's Construction Outlook, prepared by UH economic professor Carl Bonham and Bank of Hawaii economist Paul Brewbaker and released Oct.
UHERO labor economist Sang Hyop Lee takes a slightly different view.
Visitor Arrivals 7.8 3.0 2.8 Japan Visitor Arrivals 12.9 6.5 6.2 Payroll Jobs 2.2 1.8 1.6 Employment 2.9 1.8 1.4 Unemployment Rate * 3.3 3.2 3.5 Inflation Rate, Honolulu MSA (%) 3.5 3.8 3.3 Real Personal Income 2.5 2.5 2.8 SOURCE: UHERO. FIGURES FOR 2004 ARE ESTIMATES.
Recent indicators for Hawaii and key external economies can now be found online at the UHERO EIS Web site.
In this month's "Hawaii Outlook," UHERO researchers Carl Bonham and Byron Gangnes forecast that total visitor arrivals will grow by 8.7 percent this year, with Japanese arrivals rebounding quite a bit, with 94 percent growth.
Visitor Arrivals 6.0 -4.5 2.2 3.9 4.0 Japan Visitor Arrivals -0.4 -15.9 -4.3 13.5 24.0 Payroll Jobs 3.1 0.7 0.2 2.3 2.0 Employment 1.2 -0.3 -1.2 4.0 2.3 Inflation Rate, Honolulu MSA(%) 1.8 1.2 1.0 1.7 2.5 Real Personal Income 3.5 2.3 3.8 3.4 3.2 SOURCE: UHERO. 2003 AND 2004 FIGURES ARE FORECASTS.
For more information, visit the UHERO web site at www.ubero.hawaii.edu
For more on the UHERO forecast, go to www2.Hawaii.edu/~uhero/
BYRON QANONES, UHERO RESEARCH ASSOCIATE, AFFILIATED RESEARCHER, UNITED NATIONS PROJECT LINK
UHERO Research Associate and Affiliated Researcher, United National Project LINK
UHERO says 1999 was the end of seven years of anemic growth.