2021 Plan of Finance Amortization
HAWAI
Federal and Military Presence in Hawaii
Federal and Military Programs are Important Parts of the Economy
OF
STATE O
■The total compensation of federal government employees in Hawaii was about $9.3 billion in 2020, up 1.6% from the
previous year
■During the current COVID-19 pandemic, defense spending in Hawaii has remained stable, sustaining 49,000 local jobs
■ While COVID-19 affected Hawaii's tourism industry, military service members and families continued to utilize local
businesses and services helping to support the Hawaii economy
■FY 2019 direct Department of Defense spending on payroll and contracts totaled $7.5 billion in Hawaii, the second
highest of any state in the nation, in terms of spending to GDP ratio at 7.7%
■ Hawaii was allocated COVID-19 related federal funding of $12.5 billion in 2020 and $6.9 billion in 2021
1959
-
Federal Contract Awards in Hawaii (FY 2015 – 2019)
Billions
$3.0
$2.5
$2.0
$1.5
$2.5
$2.2
$1.0
$2.0
$1.8
$1.9
$0.5
$0.0
2015
2016
2017
2018
2019
2020 COVID-19 Federal Funding
Coronavirus Preparedness and Response
Families First Coronavirus Response
CARES
Paycheck Protection Program & Health Care Enhancement
Executive Action
2021 COVID-19 Federal Funding
2020 Total
Consolidated Appropriations Act
American Rescue Plan Act of 2021 - Total
Coronavirus State Fiscal Relief Fund
Coronavirus Local Fiscal Relief Fund
Education
Coronavirus Capital Projects Fund
All other programs
2021 Allocation
Amount ($MM)
$67.0
479.4
7,887.4
3,644.1
374.5
$12,452.4
Amount ($MM)
$1,384.6
5,537.3
1,641.6
518.2
577.7
115.3
2,684.6
$6,921.9
00
8
Sources: U.S. Bureau of Economic Analysis and U.S. Department of Defense. Hawaii Department of Business, Economic Development & Tourism.View entire presentation