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Low 2024 economic growth rate forecast for Hawaiʻi due to fires recovery, projected global slowdown : Maui Now

The State of Hawaiʻi revised its 2023 growth projections upward to 1.9%, but lowered its 2024 projections to 1.3% due to the projected global slowdown and recovery from the Maui wildfires.

Report predicts low 2024 economic growth rate due to fires recovery, projected global slowdown : Big Island Now

The State of Hawaiʻi revised its 2023 growth projections upward to 1.9%, but lowered its 2024 projections to 1.3% due to the projected global slowdown and recovery from the Maui wildfires.

DBEDT estimates Maui wildfire impacts on economic recovery : Maui Now

A total of 88 transpacific flights were canceled in August, representing 23,083 air seats. The passenger count to Kahului Airport decreased by more than 70% after the wildfires from 7,000 a day to 2,000 a day. The loss from business closures and visitor expenditures is estimated to be $11 million a day on Maui since Aug. 9, 2023.

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