Bankruptcies declined 11.5 percent statewide in February as low unemployment, record tourism and a strong construction industry continue to bolster Hawaii’s economy.

The 108 filings last month were 14 fewer than in February 2017 despite recent predictions from local bankruptcy attorneys that the downward trend in filings might be reaching an end.

The University of Hawaii Economic Research Organization acknowledged in a report due out today that Hawaii’s economy continues to grow, but slowing is expected as the cycle matures.

Still, UHERO said, “tourism is booming, construction remains on a healthy plateau, and jobs are plentiful.”

Bankruptcies in the state have decreased seven years in a row, and through the first two months of 2018 are off nearly 3 percent from the same time in 2017, according to data released Thursday by the U.S. Bankruptcy Court, District of “Hawaii. The last time bankruptcies rose from the previous year was in 2010 on the heels of the Great Recession when the 3,954 cases filed marked four straight years of increases. Filings have fallen every year since that time.

In February, Chapter 7 liquidation — the most common type of bankruptcy — fell 10.7 percent to 75 from 84 in the year-earlier period.

Chapter 13 filings, which allow individuals with regular sources of income to set up plans to make installment payments to creditors over three to five years, decreased 13.5 percent to 32 from 37.

The only Chapter 11 filing last month was by The Filipino Community Center. There also was one Chapter 11 filing in February 2017. Chapter 11 filings typically involve businesses.

Across the state, the number of cases filed fell in three of the four major counties. Honolulu County filings dropped to 79 from 85, Maui County filings declined to 16 from 22 and Kauai County filings decreased to two from seven. However, Hawaii County filings rose to 11 from eight.