The Research and Economic Analysis Division (READ) of the Department of Business, Economic Development and Tourism (DBEDT) recently released its Q3 2025 e-newsletter, offering critical insights into Hawaii's economic landscape. This newsletter provides valuable data on the state's economy, labor market, population, and the impacts of building permits, making it an essential resource for business owners, investors, and policymakers across the islands.
READ's commitment to data-driven resources is particularly crucial given the evolving economic conditions in Hawaii. Recent reports from DBEDT indicate a lowered economic growth projection for 2025, a direct impact of both international tariffs and a slowdown in tourism. Simultaneously, persistent inflation and global economic uncertainties further compound the challenges faced by local businesses. This underscores the importance of staying informed with the key metrics provided by READ.
The e-newsletter's focus on the labor market comes at a time of particular interest. With the labor market expected to remain relatively stable, as reported by DBEDT, business owners can use READ's data to inform their workforce planning and understand emerging trends in employment. The data on the state's population trends is also useful for businesses that may want to adapt to changing demographics or to forecast potential business opportunities.
Furthermore, insights into building permitting impacts provide a window into the real estate and construction sectors. This information is critical for entrepreneurs and investors in related industries, helping them assess market activity and make informed decisions. By analyzing these trends, businesses can anticipate future demand and navigate the regulatory environment more effectively.
For those seeking more comprehensive information, DBEDT offers extensive data and statistics on various aspects of Hawaii’s economy, and the Hawaii State Data Book provides a wider picture of the overall landscape.
