Economic Report 17-2018

Economic Report 17-2018

Oct. 29, 2018

In this Issue:

Governor’s race – stakes are high: Republican Dunleavy said to have edge

Broadband consumer costs in rural Alaska could be cut: Plan for new Alaska telecom satellite; contracts near

Permanent Fund dividends hit the streets: $940 million roll into bank accounts; cash registers jingle

Timber:
Mat-Su timber project on hold; China flap is blamed

Economy:
Here are the numbers for Alaskans’ annual fall rite: Moose hunting

Transportation:
Maersk finished Arctic test run
Ravn owners buy PenAir
Coal exports from Adak?

Energy:
Electricity consumption dropping

Telecom:
GCI hit with cut to federal support

Fisheries:
State fisheries board turns down request to curtail hatcheries
Winter crab fisheries kick off
Tanner crab in Sound again
Pollock, cod quotas for 2019
A little tariff relief for fish products

Petroleum:
Work on GMT-2 starts this winter
GMT-1 starts up ahead of schedule
Winter exploration shapes up
State submits offer to buy own gas
Hilcorp completes Inlet pipe project

Minerals:
Permit work to start on Arctic
Ucore: Ketchikan plant site

Business intelligence:
Permanent Fund will set allocation for in-state investment
McDowell Group: Tourism climbed 4 percent in 2017, spending $3.2 billion in the state
2020 census to start in western Alaska village
Retailers close, consolidate in Anchorage as recession bite continues
Costco opens in Fairbanks Nov. 20
Alyeska Resort is sold to Canadian company
Mat-Su Borough costs for hacking hit $2 million
Exxon Valdez trust considers alternate use of spill funds
Marijuana sales taxes hit new record
With loss of hockey team, business is down for Anchorage’s Sullivan Arena
Prisoners on work-release may work in Southwest Alaska fish processing plants
New missile interceptors to be installed at Fort Greely
Vigor shipyard in Ketchikan launches second new state ferry

AkEconRpt-No.-17-2018

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