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Sluggish economic growth projected in 2024 by DBEDT | News, Sports, Jobs








This chart shows County of Maui’s Net Job Gains and Losses. Image courtesy County of Maui

This chart shows the growth in the Economic Indicators by each of Hawai‘i’s counties.

The Maui News

KAHULUI–The Department of Business, Economic Development and Tourism (DBEDT) released its second quarter 2024 Statistical and Economic Report today. In the report, DBEDT revised its economic growth projections for 2024, as measured by the growth of real gross domestic product (GDP), downward from 1.5% projected in the previous quarter, to 1.3 percent. Projections for 2025-2027 remain at about 2.0% economic growth which is similar to the average annual growth rate during the 2009-2019 period.

The forecast for slower economic growth in 2024 is due…

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