Construction Industry Continues Positive GrowthPosted on Jul 18, 2014 in Featured, Latest News, Main
HONOLULU – Lt. Governor Shan Tsutsui spoke before the Hawaii Island Contractor’s general membership meeting about what’s in store for the future of Hawaii’s construction industry. He reported that Hawaii’s economy is expected to continue positive growth for the rest of the 2014 and into 2015. State Capital Improvement Project expenditures have increased by $47.6 million in the first quarter of 2014. The improved activity in the construction industry is also reflected in the number of jobs that began picking up in the spring of 2012. Construction jobs are up by 1,000, making a good dent in the 3,000-job decline created by the Great Recession.
The Lt. Governor also discussed recently completed projects on Hawaii Island and work that’s in the pipeline for the construction industry.