06/03/2026
Hawaiâiâs construction industry got off to a fast start in Q1 2026 â recording $2.09 billion in total spending, the second-strongest first quarter in the past decade.
Public works projects, particularly major state infrastructure, carried the load. However, there was a concerning drop in housing construction: single-family activity fell by $126 million and multi-family by $229 million compared to Q1 2025.
PRP Executive Director Nathaniel Kinney put it clearly:
âAlthough we could see an upswing later in the year, itâs critical for our policymakers to focus on building new homes. Hawaiâi needs more than 64,000 housing units just to catch up.â
We must ease the regulatory burden, invest in infrastructure, and fully commit to transit-oriented development.
Read the full Quarterly Hawaiâi Construction Market Update at https://bit.ly/3QkOrGT