Hawaii General Fund Tax Revenue Forecast

Additional factors (Cont.) Low interest rates and an improving economy have led to five straight years of growth in auto sales in the United States. But sales of autos (and other consumer durables) may enter a cyclical decline if the need for them becomes sated, which may slow growth in the U.S. economy. • Some geopolitical events could hurt future economic prospects. For example, weakness in the euro area, especially among the heavily indebted members, might bring a financial crisis.

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