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Economic Report 15-2018

Economic Report 15-2018

Sept. 24, 2018 In this Issue: Permanent Fund contribution to state budget will increase Health Care:Opposition stirs to proposed state health authority Transportation:Fuel shipments by sea to slopeShort reroute on Dalton Highway Energy:More LNG storage in FairbanksPrivate solar project in Mat-SuGVEA’s Healy 2 coal plant on line Politics: Three-way governor’s race unpredictableIs Walker being squeezed between Begich, Dunleavy?Begich swings left, endorses salmon initiativeWalker runs on record of addressing state’s fiscal challenge Petroleum:Latest Nenana Basin well is dryCaelus tight on Smith…

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Economic Report 14-2018

Economic Report 14-2018

In this Issue: Efforts stall to reform medical “80th-percentile” rule State regulation blamed for helping drive up health costs Nome health cost sticker shock Providence contract with nurses Economy: Walker proposes Permanent Fund support for economic development Transportation: Maersk plans test Arctic voyage Politics: Dunleavy may have edge in three-way governor’s race Walker picks up endorsements from labor and teachers Petroleum: West Sak costs now cut 45% Higher GMT-2 production estimate Oil Search ups resource estimate New report touts slope…

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Economic Report 13-2018

Economic Report 13-2018

In this Issue: Petroleum Oil is found all over western North Slope Dry holes for decades; new technology now enables discoveries What can we make of these new oil discoveries? Employment effect more difficult to judge New development is technology-driven Arctic Slope Regional Corp., a big winner Point Thomson technical problems Slope oil production is stable NPR-A coastal areas to open? ANWR EIS draft in 4th quarter? Minerals Bans on mining activities stripped from salmon initiative; still a lot left…

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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…

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Economic Report 11-2018

Economic Report 11-2018

In this Issue: Business Intelligence Report: ANCSA regional corporation revenues dipped in 2016 Alaska inflation trails national average Costco to open new store in Fairbanks in November It’s official: REI to relocate in Anchorage’s midtown State auctions state lands, nets $2.42 million Anchorage may ban plastic bags, joining other Alaska cities Marijuana tax revenue tops $1 million third month in a row Tara Sweeney confirmed as assistant secretary for Indian affairs Petersburg agrees on new contract with employee unit Homer…

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Economic Report 10-2018

Economic Report 10-2018

In this Issue: Economy Recession lingers, but some industries stabilize State to contract for marketing, sales of state park merchandise FCC  probes Alaska telecom’s charges to rural hospitals Business Intelligence It is near-official: REI to move to Anchorage’s Sears midtown mall Despite recession, 2017 a good year for First National Pentagon backs off on burdensome rule on 8-a contracting Anchorage gets first private mixed-use housing proposal Buyer backs out on Juneau nugget mall deal Niche cruise company marketing early-season tourism…

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Economic Report 9-2018

Economic Report 9-2018

In this Issue: State government Fiscal plan is signed – now comes the hard part Minerals Pebble changes its mine plan Energy DOE new energy tech grants Deal signed on Fairbanks LNG Transportation Bering Sea traffic rules agreed Health care Health plan consolidation talks Petroleum State gas corporation says it has sufficient funds to get to FID Gas corporation asks AIDEA for financing, and is rebuffed Is this why legislators are wary of AGDC? Doyon now drilling Nenana well BLM…

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Economic Report 8-2018

Economic Report 8-2018

In this Issue: NGO investor lobbying appears to pay on Pebble ANWR lease sale could come as early as July, 2019 Energy Siemens: LNG to Fairbanks Railbelt utilities, on coordination Minerals Pebble says it will replace First Quantum Minerals for mine Eielson’s Air Force expansion: Fairbanks wants guarantee on housing Business Intelligence New downtown Anchorage residential project underway GCI revenues hit by federal rural hospital cuts ACS revenues also dip, but consumer services income rises UAF selected to participate in…

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Economic Report 7-2018

Economic Report 7-2018

In this Issue: Still a deficit, and more to be done Legislature takes big step in closing fiscal gap Zinc prices drive up Red Dog Mine profits, and NANA royalties Energy Fairbanks EPA clean energy loans Low water slows Southeast hydro Report out from railbelt consultant Energy projects in state budget Economy Consumer confidence ticks up Infrastructure $87.2 million in IT upgrades Legislature snubs governor’s gas project Alaska LNG soliciting investors, needs lawmakers’ permission Business Intelligence Air carriers lay on…

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Economic Report 6-2018

Economic Report 6-2018

In this Issue: What has the dithering in Legislature cost us? The cost of fiscal uncertainty: Investment losses State’s recession drags on but job loss eases Transportation Alaska Railroad back in the black Fisheries 2018 will be a low year for salmon Tough year for Southeast charters Petroleum More oil discovered on North Slope DOI begins fast-track ANWR EIS Eni bullish; plans new investment Edison Chouest fleet arriving Steel tariffs won’t hit Ak LNG hard Health care SEARHC, Wrangell Medical…

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