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Federal policies could slow Hawaii's economy to zero job growth and 1.6% GDP growth in 2025, forecasts show.
The University of Hawaii Economic Research Organization forecasts that federal policies, including potential tariffs, mass deportations, and spending cuts, could slow Hawaii's economy, leading to zero job growth and a 1.6% real GDP growth in 2025.
The state faces an immediate risk of over 2,200 job losses from federal layoffs.
However, construction, particularly Maui's rebuilding, may bolster employment, with an expected peak of nearly 41,000 workers in 2026.
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Las políticas federales podrían ralentizar la economía de Hawaii a cero crecimiento del empleo y 1,6% crecimiento del PIB en 2025, según las previsiones.