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.