Economic Report 12-2018

Economic Report 12-2018

In this Issue:

Recession still a drag on Anchorage | Survey shows an uptick in consumer confidence
Increased confidence, but there is still caution
Anchorage housing starts, building permit values are down
Permanent Fund gained 10.74 percent in FY 2018

Business Intelligence
Fairbanks gets ready for military population influx
Carnival finalizes white pass deal
Transfer of Fairbanks’ derelict Polaris building completed
Lack of housing crimps seasonal labor supply in Homer
Nome to vote on hotel tax increase
Ketchikan to Seattle: “Come live here!”
Inuit circumpolar conference in Utqiagvik wraps up
Unalaska joins communities banning plastic bags
Fairbanks sees jump in marijuana taxes
Financially-stressed Nenana chips away at its debt

Fisheries
Fishing is hectic in Bristol Bay; statewide, sockeye is down 12 percent
For now, state fisheries board will allow hatchery expansion in Valdez

Petroleum
With new oil, ConocoPhillips likely to increase Alaska capital spending
Furie under new management; resumes Inlet drilling
BlueCrest works on Cosmopolitan gas
Malemute still working on Umiat oil
Oil and gas employment dropped again in June

Minerals
Corps sticks with its schedule on Pebble EIS

Health care
New idea coming on insurance “80th percentile” payment rule
Premera, on 2019 premiums


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