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
Saturday, Sep 5
Hilcorp says the North Slope is running short of gravel and wants a new mine
Hilcorp is seeking state approval for a 64-acre gravel mine seven miles northwest of Deadhorse, with public comment due Sept. 28, as the company's existing North Slope gravel sources run low.

A housing-zoning fix has stalled for months before Anchorage's appeals board
A housing-zoning fix has stalled before Anchorage's appeals board since spring — set aside twice — even as the administration pushes housing as a priority.

ConocoPhillips drilled in the NPR-A this winter and has not said what it found
ConocoPhillips drilled multiple wells in the NPR-A this winter and added $104 million to costs it has not resolved. It has not said what it found.

USDA's Rural Housing Service awards $1.35 million cybersecurity contract to Anchorage's Koniag IT Systems
Kodiak's regional corporation has built a federal contracting arm holding well over $150 million in work, from immigration records to Pentagon cybersecurity.

An Alaska village-owned firm services a Queens federal building
A company owned by four small interior Alaska villages is keeping the AC running at a Queens federal building that mails Social Security checks to millions.

Ekwok's airport would host FAA weather and navigation equipment for 20 years, with comments due Sept. 11
Ekwok's airport would host FAA weather and navigation equipment for 20 years at no cost to the state, with public comments due Sept. 11.

Juneau grants pay up to $13,500 to add a second unit, and a contractor list is coming
Juneau is offering homeowners up to $13,500 grants to build accessory dwelling units, with 16 awards available annually.

Homer economic commission to finalize short-term rental recommendation to City Council
Homer's Economic Development Advisory Commission finalizes a short-term rental recommendation to City Council on Tuesday after a five-month review.

More from Economy & Business
NIH gives Anchorage's Olgoonik $5.1 million in three uncompeted contracts
NIH awarded Olgoonik General $5.1 million this month for maintenance at its Bethesda campus under a no-bid program for Alaska Native firms.

Coast Guard awards Anchorage firm $1.7 million amid 8(a) freeze
Anchorage-based Old Harbor Solutions, an Alaska Native Corporation-owned firm, won two Coast Guard contracts worth $1.71 million for administrative and logistics support through 2027.

Fairbanks' utility is writing down when it would start turning off your power
Fairbanks' electric co-op is writing rules for when it would start rotating outages. It has run short on reserve power 236 of the last 250 days.

Kodiak's hospital runs on power switches nobody makes parts for anymore
The power switches at Kodiak's hospital are 27 years old and out of production. Crews scavenge parts from other sites. The borough is now replacing them.

The White House wanted the Denali Commission closed, and it grew instead
The White House proposed closing the Denali Commission. Congress funded it, and the agency ended up administering money many times its own budget.

Friday, Sep 4
Juneau bought two fire trucks. Passengers will pay for them until 2035.
Juneau's airport wants to charge passengers through 2035, with 40 percent of the money going to two fire trucks it has already bought.

Hertz leaves Juneau airport Sept. 30, and three rental counters stay
Hertz ends car rentals at Juneau airport Sept. 30, freeing terminal space the airport will seek to fill through a competitive bid process.

Juneau is weighing its first cap on whale watch operators
Juneau has never capped its whale watch fleet. The task force weighing whether to start is the same one weighing cruise ship passenger limits.

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
ENSTAR wants to raise most gas hookup charges in Southcentral Alaska in 2027
ENSTAR wants to raise most natural gas hookup charges in Southcentral Alaska in 2027, with the basic service-line fee up about $46 and higher meter costs.

Bids open for flights to seven roadless Alaska communities
The federal government is taking bids for subsidized air service to seven Alaska communities, with deadlines ranging from October through early 2027, as the per-passenger subsidy cap drops to $850.

Federal orders reach Alaska's beef labeling and processing gaps
Alaska has 19,000 cattle, and just 772 went through federally inspected plants here last year. Two executive orders take up labeling and processing.

Sitka's Assembly takes up how to pay for child care
Sitka's Assembly takes up a possible child care funding source Tuesday. A survey found most parents struggle to find care and employers are feeling it too.

Homer Electric reports $2.2 million June operating loss as purchased power costs run over budget
Homer Electric lost $2.2 million in June as purchased power costs ran over budget, pushing year-to-date margins $1 million below target.

A proposed rule would cut years of NPR-A oil review down to 60 days
Building an oil site in the NPR-A takes years of review. A proposed rule makes it 60 days for anything within 25 miles of existing infrastructure.

Registration opens for Oct. 12-13 Employment First Conference in Anchorage
Alaska's Employment First Conference opens registration for Oct. 12-13 in Anchorage, with scholarship tickets available for those needing reduced rates.

Rural Alaska's internet funding is changing hands as an old federal program ends
The federal program funding phone and internet in remote Alaska is ending, and three co-ops just drew some of its last payments — $14.86 million.

West Tudor Road down a lane each way through Sunday for asphalt patching
West Tudor Road near Cambridge Way loses a left lane each way through Sunday for asphalt patching — the latest closure on a road with bigger safety problems.

Thursday, Sep 3
Denali's new bridge is finished, and buses still cannot cross it until 2027
Denali's Pretty Rocks bridge is finished, years later than promised. Buses still will not reach Wonder Lake or Kantishna until the 2027 season.

Metlakatla wins federal money to protect the hydro plant its island runs on
Metlakatla, Alaska's only Native reserve, gets $166,000 to protect the aging hydro plant its island depends on — a power source strained as its lakes run low.

GCI is buying the only fiber link connecting Alaska's Arctic coast to the state
GCI, Alaska's biggest telecom, is buying the only wired link between the Arctic coast and the rest of the state for $310 million, a route rivals depend on.

Graphite Creek permit decision pushed to September 2027
The Army Corps of Engineers delayed the Graphite Creek mine permit to September 2027 and upgraded the review to a full environmental impact statement.

Kaktovik leaders back 1002 Area development and press AIDEA to weigh local knowledge
Kaktovik leaders told AIDEA board members that oil and gas decisions in the Arctic refuge's 1002 Area must include local residents and traditional knowledge, not just outside voices.

Planners urged cutting the overlay's R-1 height break. The sponsors kept it.
Anchorage planning staff told the sponsors of a housing overlay to drop its special height rules for single-family zones. The sponsors kept them.

Juneau Hydropower asks FERC for two more years to start Sweetheart Lake dam
Juneau Hydropower asked federal regulators to delay the Sweetheart Lake dam completion deadline by two years, to September 2031.

DOT&PF opens bidding to resurface Glacier Highway from Juneau's ferry terminal to South Lena
Alaska DOT&PF opened bidding to resurface 2.4 miles of Glacier Highway between Juneau's ferry terminal and South Lena, with $8.8 million in federal funding and work planned to start in August.

Cordova wary as pipeline operator seeks a fast-tracked 30-year renewal
Alyeska seeks early renewal of the Trans-Alaska Pipeline permit with a faster review. Cordova wants a shorter term and money set aside to decommission aging infrastructure.

Cordova raises its tax on rooms, rentals and alcohol to 14 percent
Cordova raised its tax on hotel rooms, alcohol, tobacco and rentals to 14 percent, and pulled boat rentals into it. Collections are running behind last year.

The Permanent Fund wants $215 million to run itself
The Permanent Fund wants $215.4 million to run itself next year, three-quarters of it going to the outside firms that manage the money.

Northrim's Oregon deal is on the record. The approvals are not.
Northrim's $167.3 million Oregon bank purchase is on the record, and none of the four regulatory approvals it needs has surfaced publicly.

A power surcharge in Manley Hot Springs would nearly triple
The fuel surcharge on Manley Hot Springs electric bills would nearly triple under a new filing, while state rural power assistance stays where it is.

A fourplex would install no landscaping under this Anchorage ordinance
A builder putting four homes on an Anchorage lot would install no landscaped buffer under an ordinance up for public hearing Oct. 6.

Extending the Coastal Trail north may take a land deal, not an easement
Anchorage wants to extend the Coastal Trail north across Eklutna land. The corporation would rather sell or trade than grant an easement, citing trespassers.
