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.
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Monday, Nov 9
Utility work closes Peger Road southbound right lane in Fairbanks through Friday
Utility work closes Peger Road's southbound right lane in Fairbanks from 8 am to 2 pm daily through Friday, Nov. 13. One lane stays open between Johansen Expressway and Airport Way.

Most comments to Juneau's tourism task force seek more limits before it finalizes plan
Most public comments to Juneau's tourism task force asked for more ship and passenger limits, city staff found. It meets Thursday to finalize its recommendations.

AIDEA launches InvestNorth to finance Alaska data centers, but Alaskans can't invest yet
AIDEA launched InvestNorth Monday so Alaskans might someday own a piece of data centers it helps finance. There's no project, no price and no way to invest yet.

USDA proposal could undo Alaska's SNAP eligibility expansion
USDA proposed ending the rule letting an Alaska family of four earn up to $6,876 a month, with no savings limit, and qualify for SNAP. Nothing changes yet.

Anchorage Assembly sets Dec. 15 hearing on Chugach Electric heavy-industrial rezone
The Anchorage Assembly will hear Chugach Electric's request Dec. 15 to zone its Third Avenue utility yard heavy industrial, matching decades of utility use.

State energy board moves to accept up to $150 million for a second Railbelt power line
Alaska's energy board moved to take up to $150 million in Defense Production Act money for a second Southcentral-Interior line. The other $268 million? TBD.

Sunday, Nov 8
State takes comment on North Slope seismic survey and three airport lease extensions
The state is taking comments on a 205-square-mile North Slope seismic survey and on no-bid lease extensions at the Birchwood, Dillingham and Girdwood airports.

Alaska takes a new look at the 705-foot Susitna dam as Cook Inlet gas runs short
AEA's board voted to take a new look at the shelved 705-foot Susitna dam, eyeing a 2033 tax-credit deadline as Cook Inlet gas runs short. No money to build yet.

More from Economy & Business
Kodiak weighs selling a vacant city lot for a building with six apartments over six shops
A Kodiak company wants six apartments over six shops on an empty city lot by the airport. The council takes its first vote on the $200,000 sale Thursday.

Anchorage Assembly chair proposes conditional protest of Midtown hotel's liquor license
Anchorage Assembly Chair Anna Brawley proposes a conditional protest of a liquor license for Courtyard by Marriott Midtown. Assembly takes public testimony Nov. 17.

State closes Dalton Highway over Atigun Pass due to high avalanche activity
DOT closed the Dalton Highway at Atigun Pass Saturday after high winds, blowing snow and avalanche danger. Closures there can last about 48 hours, and the road can strand travelers for days.

Saturday, Nov 7
NANA company in line for $2.3 million grant to design hydro for three villages
NANA's public benefit company is in line for $2.3 million in federal money to design a hydro project and power line for Ambler, Shungnak and Kobuk.

AIDEA lets its director sign binding Ambler Road deals and move an estimated $86 million
AIDEA's board told its director to sign binding Ambler Road agreements and move an estimated $86 million more toward the road, weeks before Dunleavy leaves.

Vehicle recovery brings stop-and-go closures to Dalton Highway at Mile 25 Saturday
The Dalton Highway is down to one lane at Mile 25 on Saturday for a vehicle recovery, with flaggers and stop-and-go closures until about 4 pm.

FCC hasn't approved $162 million for Alaska cell service, past the October vote Trump cited
Trump told a Wasilla rally that Carr said the FCC would vote in October on $162 million for Alaska cell service. It's November, and it's still pending.

Tax expense turns Alaska Air Group's pretax profit into a $147 million loss
Alaska Air Group made $18M before taxes last quarter, then a tax charge tied to its new loss forecast turned it into a $147M loss. Fuel prices drove the switch.

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
Regulators approve Chugach fuel charges that shift typical bills by less than $1
Regulators OK'd Chugach Electric's quarterly fuel charges. Typical bills move less than a buck: up 73 cents in the North district, down 84 cents in the South.

Seward-Tudor interchange rebuild estimated at $96.5 million
The state's draft design puts the Seward Highway–Tudor Road interchange rebuild at $96.5 million. So far, only the $5 million for design is approved.

Friday, Nov 6
Alaska Air Group cuts about 200 jobs as it seeks $100 million in 2027 savings
Alaska Air Group, losing money on fuel costs, is cutting about 200 jobs and some contractor spending, hoping to save $100 million next year.

Homer staff asks what matters most as float project estimate tops $22 million
Replacing Homer Harbor's 1964 floats is now estimated at over $22M, up from $17M. Staff wants the port commission to say what matters most if it's trimmed.

Kodiak weighs borrowing up to $10 million more to replace its main sewage pump station
Kodiak's sewage station drew one bid, at twice the estimate; one digging item was priced near the whole estimate. The council votes Thursday on borrowing more.

Cordova closes 4th and Browning for road repairs as it works on a water leak on 4th
Cordova closed the corner of 4th Street and Browning Avenue Thursday for road repairs, the same day the city planned a brief water shutoff to fix a leak on 4th.

NOAA removes remaining funds from two Juneau contracts as they near closeout
NOAA is wrapping up a Juneau air charter contract that flew people and supplies to its research station in one of North America's rainiest places.

Alaska LNG's first construction work moves to 2027 after a planned April start passes
Alaska LNG told regulators in February that gravel and camp work would start April 15. By October it was still planning and surveying. Now it's 2027.

North Slope co-op plans to lay Anaktuvuk Pass fiber across the snow in 2028
The North Slope's phone co-op asked the state for 3 more miles for its Anaktuvuk Pass fiber line. Crews would unspool the cable across the snow in early 2028.

Anchorage Assembly members want behavioral health care on the city's list for Juneau
Anchorage's wish list for the Legislature asks for tougher drug penalties but makes no specific ask for behavioral health care. Assembly members noticed.

Ambler Road hunting closure up for Nov. 20 vote traces to a confidential agreement
The Board of Game votes Nov. 20 on closing a strip along the Ambler Road to hunting and trapping. A confidential road memo called for backing one.

Sitka weighs rezoning seven historic cemetery properties to allow only cemetery uses
Sitka's Assembly takes up rezoning seven historic cemetery properties for cemetery uses only. The VA has told the city local zoning doesn't apply to it.

Alaska sets March exams for big game guide-outfitters, with applications due Nov. 16
Want to run big game hunts in Alaska? Apply by Nov. 16 for the March exams, and bring eight client references and a video of yourself caping an animal.

Fairbanks borough officer to reconsider approving merger of 17 Salcha lots into one
A Fairbanks borough hearing officer will reconsider Nov. 19 his approval merging 17 Salcha lots into one 38-acre parcel near the Richardson Highway.

Anchorage plan would let staff decide some cases that now get public hearings
Anchorage planners want staff, not public hearings, to settle some routine land-use requests. Now they've asked to push the first hearing to December.

Kenai airport is one of the first two in the US with a working digital control tower
Kenai's airport now has one of the country's first two digital control towers, with cameras giving controllers a 360-degree view. The other one is in Florida.

Army Corps seeks contractor to keep Anchorage's harbor dredged through 2029
The Army Corps wants a contractor to dredge Anchorage's harbor through 2029, scooping out the Cook Inlet silt that keeps settling where ships need to dock.

Thursday, Nov 5
State catalogs 1970s drill notes from 26,000 NPR-A holes to help find North Slope gravel
Seismic crews drilled tens of thousands of holes across NPR-A in the 1970s and logged what they hit. The state cataloged it to help find North Slope gravel.

Sinkhole found under Ketchikan harbor shop as council adds $151,000 for storm repairs
Ketchikan crews tearing down a storm-damaged harbor shop found a sinkhole beneath it. The City Council added $151,000 to fix the failed drain behind it.

Jackknifed tractor-trailer blocks Dalton at Mile 160; reopening planned Friday morning
A jackknifed tractor-trailer has blocked the Dalton Highway both ways at Mile 160 since Thursday night. Reopening is planned 9:31 am Friday on this main North Slope oil route.

Anchorage sets Dec. 1 hearings on rezones for 44 townhomes and a Chugach utility yard
Anchorage set Dec. 1 hearings on rezoning 44 townhomes that sit on land zoned for shops and Chugach Electric's longtime utility yard to heavy industrial.

Juneau couple's appeal of a 185% assessment jump goes back before the city board
A Juneau couple's property nearly tripled in assessed value this year. Their appeal was set for a second hearing Thursday; no result is public yet.

Bethel tells water customers to get their lines and tanks ready for freeze-up
Bethel told water customers to turn on their heat trace or glycol and keep hookups reachable. If a service line freezes anyway, the owner has to fix it.

Couple seeks five more years for their floathome in Camp Coogan Bay near Sitka
A couple wants five more years to keep their floathome moored on state tidelands in Camp Coogan Bay near Sitka. Comments to the state are due Nov. 18.
