DBET has issued its forecast adjusting upwards its calculations of growth in 2012 to 1.6%, with higher growth anticipated for 2013. The construction industry, after losing jobs for the last 4 years, grew 1.4% in the last quarter. "State capital improvement spending increased 32.9 percent during the first three quarters, while the permitted value of private-sector construction rose 39.1 percent during the same period of time." Full text of DBEDT's report can be found here.
about the author
anna h. oshiro
- Anna H. Oshiro is a Director of Damon Key Leong Kupchak Hastert in Honolulu, Hawaii, and focuses on all aspects of Construction Law.
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