An index of Hawaii's current economic indicators fell for a 16th consecutive month in May, with the Hawaii decline outpacing the national decrease.

The coincident index produced by the Federal Reserve Bank of Philadelphia shows Hawaii's index fell by 0.6 percent, or double the 0.3 percent decline nationally.
The index measures economic indicators thought to closely coincide with the overall economy such as jobs, unemployment, average hours worked in manufacturing and inflation-adjusted income. An increase in the number indicates expansion, while a decline indicates contraction.