Hawaii Economy is on the Upswing

By
Real Estate Agent with Coldwell Banker Island Properties

recent report by the state Department of Business, Economic Development and Tourism (DBEDT) shows that Hawaii’s economy is anticipated to grow over the next 30 years.

According to the report, Hawaii’s economy is expected to increase by 1.7 percent per year between 2016 and 2045. This number is based and measured by the real gross domestic product and authorities believe civilian jobs will increase at a 0.8 percent rage. The population is also anticipated to grow at a 0.5 percent annual rate and visitor arrivals by airplanes will increase at 1.1 percent annual rate during the same time frame.

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By Mark Harbison

Interested in buying or selling a property here on Maui? Mark Harbison & Lisa Oyama can help you find your dream piece of paradise. Real Estate Maui Hawaii specializes in South Maui real estate sales.

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