Investor Presentaiton
Hawaii Economy Trending Favorably
STRENGTHS AND RECOVERY FACTORS
•
Hawaii has the lowest per capita COVID-19 case
rate in the nation1
•
•
Approximately 72% of Hawaii residents are fully
vaccinated2
Visitor numbers trending positively and expecting a
strong Winter/Holiday season
Housing prices remain extremely strong with the
Oahu median home sales price exceeding $1
million since August 2021
Unemployment rate improved to 6.3% in October
20213 compared to a peak of 22% in April 2020
1
2
3
Source: Centers for Disease Control (CDC), as of December 8, 2021 (since the beginning
of the pandemic).
Source: Health.Hawaii.gov, as of December 8, 2021.
Preliminary
Central Pacific Financial Corp.
$1,100
$1,000
$900
$800
$700
$600
$500
2010
2011
DAILY PASSENGER COUNTS TO HAWAII*
Historic trends
(daily and 7-day moving average)
CD12/7/2021
1/1/2019
40K
30K
www
20K
10K
OK
2019
2020
2021
OAHU SINGLE FAMILY HOME MEDIAN SALES PRICE
($ IN THOUSANDS)
2012
2013
2014
2015
2016
2017
2018
2019
2020
Jan-21
Feb-21
Mar-21
Apr-21
May-21
Jun-21
Jul-21
Aug-21
Sep-21
Oct-21
Nov-21
* Source: Department of Business Economic Development & Tourism. Includes visitors,
returning residents, and intended residents. Excludes flights from Canada.
6
со
2022View entire presentation