Economy & Business
RSSEconomy & Business in Alaska is the mix of government decisions, contracts, grants and private projects that shape the state's economy. It covers municipal budgets, infrastructure and airport planning, federal grants and contracts, employment trends, and energy development across Alaska.
Inside Economy & Business
Places and organizations in this news
Numbers are stories in the last 30 days.
Have a story about Economy & Business? Send a tip
Tuesday, Sep 15
Rezanof Drive closes nightly in downtown Kodiak through September
Rezanof Drive closes nightly through the end of September in downtown Kodiak, and the state hasn't said what construction the closure is for.

State-backed Alyeschem plant reaches construction milestone
Alyeschem has finished driving foundation piles for its Prudhoe Bay chemical plant. Alaska's backing is a repayable loan, not a $70 million grant.

Four miles of Skagway's only road out have no money in the state's plan
Four miles of Skagway's only road out carry no money in Alaska's draft transportation plan. The stages on either side of them carry $78 million.

Alpine pipeline seeks nearly double metering capacity for Willow-era output
A North Slope pipeline wants to nearly double how much oil it can meter as Willow nears production. The filing changes measurement capacity, not Willow's approval.

Alaska is taking bids to make its own Made in Alaska merchandise
Alaska is taking bids to make its own Made in Alaska merchandise. The cap is $15,000, and the permit is only required by the time bids close.

The program mapping Alaska's subsurface runs out at the end of the year
The federal program that nearly doubled Alaska's public geologic data expires this year. The bill to extend it is one of 25 in a committee with no vote set.

Senate panel will take up Native housing bill co-sponsored by both Alaska senators
The law that funds housing in Alaska Native villages is up for renewal. Overcrowding there runs about double the rate on tribal lands nationally.

Juneau commission to weigh second tenant on Clinton Drive Domino's lot with no added parking
A second business wants into the Domino's building on Clinton Drive with no new parking, and the neighbors who fought the 2024 permit are back.

More from Economy & Business
Anchorage planners ask commission to triple setback threshold director can approve alone
Anchorage wants to triple what its planning director can approve alone, letting more setback encroachments skip the public hearing that now takes months.

Sitka's sales tax drops a point Oct. 1, the one that funds schools
Sitka's sales tax drops from 6 percent to 5 on Oct. 1 through March. The summer point that comes off is the one dedicated to funding school buildings.

A Wasilla workshop will walk job seekers through federal applications
State staff will help job seekers with federal applications Thursday in Wasilla — as Alaska's federal job market shrinks and resumes get capped at two pages.

Judge upholds federal permit for mining access inside Lake Clark National Park
A judge upheld the permit for a road, airstrip and tunnel inside Lake Clark park. The test was whether the Corps was arbitrary, not whether it was right.

Fairbanks companies seek a year-round water right for the pool at Circle Hot Springs
Two Fairbanks companies want a year-round water right at Circle Hot Springs — about 8.6 million gallons a day, on an application pending since 2020.

A 2024 crash near Denali came down to windshear and a short strip
Federal investigators have explained a 2024 crash near Denali: windshear off a 600-foot strip, and no room to climb. The pilot walked away.

Denali opens 30 miles of road to private vehicles starting Friday
Starting Friday you can drive 30 miles into Denali, twice the summer limit — though snow and ice can shrink that stretch without much notice.

Afognak Native Corporation buys majority stake in Weaver Bros. trucking companies
Weaver Bros. has hauled freight in Alaska since 1946. Its new majority owner is a Kodiak village corporation whose people lost their village in 1964.

About Economy & Business
Economy and business in Alaska is the mix of government decisions, contracts, grants and private projects that shape the state's economy. It is the broad subject that holds narrower topics such as business, energy, oil and gas, mining, aviation and tourism.
Much of it runs through public bodies, with municipal assemblies approving contracts and planning decisions, state agencies leasing land and selling gravel and rock, and AIDEA lending to industry. Recurring questions concern infrastructure such as harbors, airports, roads and water and sewer lines, along with housing and zoning rules, energy supply, labor contracts, federal grants and military construction.
Its decisions reach every part of the state, from Anchorage and the Mat-Su to Kodiak, Cordova, Haines and the North Slope. Federal and military spending, resource development and Alaska Native corporation ventures all feed into the economy.
More from Economy & Business
Anchorage approves a bigger paved lot at the Basher Trailhead
Anchorage approved replacing the Basher Trailhead's 16-space gravel lot with a paved 52-space one, ending a year-long fight over its size.

Anchorage weighs making its 49 neighborhood plans advisory only
Anchorage's 49 neighborhood plans carry the force of law today. The Assembly wants to know if they should just be advice — 70% have never been updated.

Falling rock rerouted the Root Glacier trail, and helicopters are coming
Falling rock closed the main Root Glacier trail in July. The reroute is still in place, it runs across talus, and the park wants you in traction devices.

Anchorage's new-home tax break would reach pricier houses under a revision
Anchorage's proposed tax break for first-time buyers of new homes would reach pricier houses under a revised version up Tuesday, ending a cutoff at the average.

Monday, Sep 14
Students wait for the bus on the shoulder of Rabbit Creek Road
Kids wait for school buses on the shoulder of Rabbit Creek Road, where traffic runs 52 in a 45. The state is studying whether to build them a path.

A Wainwright corporation will sweep Energy Department offices for bugs
A Wainwright village corporation's subsidiary will sweep Energy Department offices for hidden microphones and cameras, under a $2.35 million contract.

BLM Rule Would Cut NPR-A Pad Approvals to 60 Days, Limit Hunting
The BLM's own analysis found a proposed drilling rule would significantly restrict subsistence hunting for three North Slope villages. Hearings begin Monday.

Wasilla council commits to planning a regional dispatch center outside city limits
Wasilla agreed to help plan moving its emergency dispatch center out of town. The reason for the hurry is a fire station going up on Bogard Road.

Wasilla council pulls airport master plan from introduction, delays public hearing
Wasilla's council postponed but didn't drop a plan to nearly double its airport runway, from 3,700 feet toward 6,000, at an estimated $279 million.

Talkeetna residents ask Mat-Su commission to oppose Front Street water tank site
Talkeetna's wells have too much arsenic. The borough's fix would clear 1.4 acres of woods with a bear trail through it, and neighbors want another site.

Alaska put $5.63 billion in road and ferry plans out for comment
Alaska put $5.63 billion in road, bridge and ferry plans out for public comment through Oct. 29. It scheduled no public meetings on any of it.

Fire at Whittier's new cruise terminal forces ships from the dock
A fire at Whittier's new cruise terminal Monday forced a tour boat and a cruise ship off the dock and closed the only road into town for hours. No one was hurt.

A bill would guarantee vehicle access for the village inside Gates of the Arctic
A national park was drawn around Anaktuvuk Pass in 1980 without asking. A bill would guarantee the village the right to drive out and go hunting.

Anchorage can build housing with this grant now. Residents asked for teardowns
Congress just let Anchorage spend block grant money on new housing for the first time in 50 years. The residents who showed up asked for demolitions.

A dam licensed near Juneau 10 years ago still isn't built, and its deadline just passed
A dam licensed near Juneau a decade ago was never built, its construction deadline just expired, and the local utility says the town doesn't need the power.

Unalaska awarded its harbor contract before the sea otter permit was final
Unalaska signed a $21.9 million harbor contract. The permit allowing the work to disturb sea otters is still a draft, and comment closed after the vote.

Kodiak staff urge keeping Beaver Lake land as the borough hunts for housing sites
Kodiak's manager wants to open Beaver Lake land to housing. The borough's own planning staff say keep it — and the commission said no in 2019.

The federal stake in Trilogy Metals closes, terms made public
The federal government now owns about a tenth of Trilogy Metals, developer of Alaska's Ambler district, and the terms of the $35.6 million deal are now public.

A road crew wants to camp in a gravel pit while it fixes the Elliott Highway
A contractor fixing 12 miles of the Elliott Highway wants to park 20 people in RVs on state gravel while it works. Comment closes Sept. 28.

Native corporations keep 8(a) status as individuals face a new test
Alaska Native corporations keep their place in the federal 8(a) contracting program under a new rule, but individual Native applicants now face a tougher test.

South Anchorage council asks state and city for interim school-route safety projects
Fifteen pedestrians were killed on Alaska roads last year, the highest rate in a decade. One Anchorage council is asking for whatever can be done fast.

Water damage in the Kenai Senior Center overhang halts work and adds $45,000
Contractors reroofing the Kenai Senior Center entry found rot underneath. Everything but the beams comes off, and the city needs $45,000 to finish.

Repairs begin on the Nome-Council Highway, four years after Merbok
Permanent repairs have begun on the Nome-Council Highway, four years after Typhoon Merbok breached the road in 2022.

Mat-Su power bills climb about $15 a month, with more increases expected
Mat-Su electric bills rose about $14.50 a month this quarter as power costs climbed, and the co-op expects about 5% annual increases for three years.
