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Economists predict 8.4 percent rise in construction spending

By Alan Yonan Jr.

POSTED: 01:30 a.m. HST, Mar 28, 2014

~~<p>The recovery in Hawaii's construction industry will pick up speed this year thanks to a flurry of residential and commercial activity focused mostly on Oahu, according to a report released Friday by a group of University of Hawaii economists.</p>
<p>Stronger demand for housing particularly high-rise condominiums in Kakaako and the Honolulu Rail Project will play major roles in the growth of construction spending and job creation, the University of Hawaii Economic Research Organization reported.</p>
~~

The recovery in Hawaii's construction industry will pick up speed this year thanks to a flurry of residential and commercial activity focused mostly on Oahu, according to a report released Friday by a group of University of Hawaii economists.

Stronger demand for housing particularly high-rise condominiums in Kakaako and the Honolulu Rail Project will play major roles in the growth of construction spending and job creation, the University of Hawaii Economic Research Organization reported. Login for more...



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