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2018 Alaska Economic Trends

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

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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.


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.
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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