Central Pacific Financial Investor Presentation Deck
1 Well positioned to capitalize on improving macro trends
KEY HAWAII ECONOMIC METRICS
Tourism
Visitor arrivals YTD
compared to 2019
90%
Growth
Real GDP projected
2022 increase
3.5%¹
Central Pacific Financial Corp.
Employment
Unemployment Rate
July 2022
4.1%
Housing
Oahu Median Single-
Family Home Price
July 2022
$1.1 Million
FACTORS FOR A FAVORABLE HAWAII OUTLOOK
Rebound in International visitors expected
Japanese visitors to Hawaii expected to increase as
COVID testing requirements are ending and daily
passenger limits are increasing
Significant increase expected in Defense spending
National Defense Authorization Act appropriated $1
billion for a Hawaii health and environmental recovery
fund in 2022
Continued housing strength and development
Significant home construction ongoing with two major
master-planned community projects being built in West
Oahu totaling over 15,000 homes
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1 Source: University of Hawaii Economic Research Organization (UHERO).
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