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State of Alaska > DOLWD > Alaska Economic Trends

2018 Alaska Economic Trends

Alaska Economic Trends is a monthly magazine that covers a broad range of economic issues.

Click here to sign up for a free electronic subscription.

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Alaska Economic Trends are searchable from 1978 to the present using the Trends search page. The search can include any combination of the title or subtitle, date or date range, author, or full text.


May 2018 Marijuana: A new industry
Click to read May 2018 Alaska Economic Trends

Alaska’s marijuana industry is still in its infancy. Voters legalized recreational use in 2014, but marijuana wasn’t available commercially until 2016. Most licenses are less than a year old, and many licensed marijuana businesses don’t yet show up in wage and salary records because they don’t have employees. However, initial data show a steady increase in tax revenue, wages and employment, and the number of licenses in Alaska.

Also Inside
More workers are 55 and over
Income up slightly in 2017

May 2018 Trends

   
April 2018 Fairbanks North Star Borough
Click to read April 2018 Alaska Economic Trends

The Fairbanks North Star Borough, at the center of Alaska’s interior in the Tanana Valley, is North America’s northernmost settlement of its size. While the borough has just two incorporated cities — Fairbanks and North Pole — and a handful of smaller communities, its land mass is about the size of New Jersey.

Also Inside
How is Alaska retail fairing?

April 2018 Trends

   
March 2018 Migration in Alaska
Click to read March 2018 Alaska Economic Trends

Alaska has the highest population turnover of any state, with large numbers of people moving both in and out each year regardless of economic conditions. Although the percentage of residents born in Alaska has risen over time — 41 percent today versus 32 percent in 1980 — Alaska’s population remains highly migratory compared to the rest of the U.S.

Also Inside
Population estimates for 2017

March 2018 Trends

   
February 2018 The North Slope Oil Patch
Click to read February 2018 Alaska Economic Trends

Prudhoe Bay, home to the nation’s largest oil field, is what single-handedly transformed Alaska into an oil-producing powerhouse and became the source of the state’s greatest wealth. According to historian Terrance Cole, “The balance sheet of Alaskan history is simple: One Prudhoe Bay is worth more in real dollars than everything that has been dug out, cut down, caught, or killed in Alaska since the beginning of time.” And yet, it’s a place few Alaskans ever visit.

Also Inside
Best estimates show ongoing job loss

February 2018 Trends

   
January 2018 Employment Forecast for 2018
Click to read January 2018 Alaska Economic Trends

Alaska is expected to lose jobs again in 2018, although the losses appear to be tapering. Total employment is forecasted to decline by 0.5 percent in 2018 (-1,800 jobs) after falling 1.1 percent in 2017 and 1.9 percent in 2016.

Losses were deepest in 2016 when the state’s economy shed 6,300 jobs, primarily in oil and gas and in state government. Then in 2017, Alaska lost an estimated 3,600 jobs. If it hadn’t been for strong health care growth, the overall job loss would have been deeper.

January 2018 Trends

   

 

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Page Updated May 1, 2018