Pessimism Widespread Among Local Businesses

February 23, 2026 - 10:51

A new survey of local business sentiment paints a sobering picture of the economic outlook in Hawaii. The data indicates that pessimism is now widespread, with a majority of executives anticipating tougher times ahead.

Specifically, 51% of business leaders across the state believe economic conditions will deteriorate in 2026. This prevailing negative sentiment underscores deep-seated concerns about future stability and growth. The apprehension spans various industries, pointing to broad-based challenges beyond any single sector.

However, the survey did identify one notable exception to the gloomy forecast. Businesses within the tourism industry reported a significantly more optimistic outlook compared to their peers in other fields. This divergence suggests that while the overall economic climate is a cause for worry, the vital tourism sector may see a different, potentially more resilient path forward. The contrasting views highlight the uneven landscape local companies must navigate as they plan for the future.