Economic Report 19-2018

Economic Report 19-2018

Dec. 10, 2018

In this Issue:

NPR-A oil production will hit state budget by $250 million/year

Mechanical contractors, others busy in Southcentral:
Earthquake refocuses attention on building standards

Energy:
Juneau’s AEL&P to remain U.S.
Delay for Tacoma LNG fueling

Health Care:
Payment problems for nonprofits

Infrastructure:
Emmonak dock to be completed

Telecom:
New satellite contract is signed

Politics:
New Gov. Dunleavy fills out his leadership team
Feige at Natural Resources; MacKinnon at DOTPF; Tangeman at Revenue
Quick at Administration, Crum at H&SS; Brune at Environmental Conservation
Clarkson is AG; Price at Public Safety; Dahlstrom at Corrections
Ledbetter at Labor; Anderson at Commerce and Economic Development
Conservative activists Price, Demboski in governor’s office

General Business:
New Gov. Mike Dunleavy supports university getting its lands
Credit Union 1 opens facility to handle marijuana sales transactions
Retail marijuana doing well; outlets expand
Jury awards former Alaska Dispatch editor $852,000 in settlement of dispute
$8 million approved for renovation of legislative offices in Anchorage
Pre-bid solicitations published for state ferry vessel replacement
Anchorage assembly approves sale of municipal utility to Chugach Electric
As slope work picks up, potential bottlenecks in skilled labor supply
Federal land exchange facilitates private commercial dock in Kodiak
Alaska Aerospace plans new support facilities at Kodiak launch complex
Coastal Villages CDQ group builds prototype small house for rural home model
Military procurement conference in Fairbanks draws contractors, suppliers
New test of methane hydrates on the North Slope

Petroleum:
$28.1 million bid for slope leases

Fisheries:
Salmon decline linked to warming
Salmon pays $596 million in 2018
Sportsfish exceeds halibut limits
Halibut biomass survey is due

Minerals:
Walker okays Ambler Road funds
NPR-A tracts offered Dec. 12
Long term outlook is stable

AkEconRpt-No.-19-2018

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