Hawaii’s economy has been greatly impacted by the COVID-19 pandemic. During the April 2020-June 2022 period. However, the impacts of COVID-19 have decreased over time. From the second quarter of 2020 to the first quarter of 2022, the payroll job loss from the first quarter of 2020 decreased from 145,100 jobs to 61,600 jobs.
The state will welcome an estimated 9.13 million visitors in 2022, an increase of 34.7 percent from the 2021 level. Over the years, visitor arrivals are projected to increase till 2025 as shown below. Visitor spending is projected to be increased as well.
With this promising nature of economy growth, there would be good chances of promoting products and possibly developing business network in between Busan and Honolulu.
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