comscore Study rates Honolulu economy as one of nation's strongest
Top News

Study rates Honolulu economy as one of nation’s strongest

Honolulu Star-Advertiser logo
Unlimited access to premium stories for as low as $12.95 /mo.
Get It Now
[ AD HAS BEEN REMOVED FROM THIS STORY ]

Honolulu has one of the top 20 strongest economies in the nation, according to a new report from the Brookings Institution.

The report by the Washington, D.C.-based think tank showed Honolulu scored well in a number of economic measures in the third quarter, including having the third lowest unemployment rate out of the top 100 metropolitan areas surveyed. Honolulu’s 5.4 percent jobless rate compared with the national average of 9.4 percent.

Honolulu also had the 17th lowest number of bank-owned homes at 2.16 per 1,000 mortgageable properties. The report also showed that Honolulu’s housing prices were down 14.4 percent in the fourth quarter from the peak in early 2007, ranking it 45th nationally in terms of price decline.

Comments have been disabled for this story...

Click here to see our full coverage of the coronavirus outbreak. Submit your coronavirus news tip.

Be the first to know
Get web push notifications from Star-Advertiser when the next breaking story happens — it's FREE! You just need a supported web browser.
Subscribe for this feature

Scroll Up