0:28
Brett Watson
28:25 - 28:54
“Around half of the growth in our total GDP, half the water in the bucket was federal spending growth. And I think that that's, that's pretty significant, especially if you compare it to some of our other key basic sector industries. For example, oil and gas, which Bob mentioned, is kind of our second largest basic sector industry in the, in the state.”
- Speaker
- Brett Watson
- Timestamp
- 28:25 – 28:54
- Community
- Alaska News
- Location
- Alaska
- Captured at
From the transcript
Around half of the growth in our total GDP, half the water in the bucket was federal spending growth. And I think that that's, that's pretty significant, especially if you compare it to some of our other key basic sector industries. For example, oil and gas, which Bob mentioned, is kind of our second largest basic sector industry in the, in the state. That's new money coming in. Couple of different ways that you can measure oil and gas's new revenue that it's bringing in, either in gross value terms or as a component of GDP.
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