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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Wednesday, Aug 5
A Hillside road district taps its own savings to fix its own roads
A self-funded Hillside road district would draw $150,000 from its own reserve to fix its roads rather than raise assessments, one of two doing so this summer.
by Walter AlaskaNews3mo ago1 min read
AEDC report: Anchorage strained, the military its bright spot
A new AEDC report says Anchorage is getting squeezed: shrinking job share, high costs, low confidence. The military's the bright spot, but housing's the catch.
by Walter AlaskaNews3mo ago1 min read
Alaska Native-serving schools vie for $10 million in training money
Alaska Native-serving colleges and trade schools have until Aug. 24 to compete for up to $10 million in federal money to train skilled workers.
by Melinda Communities.News3mo ago1 min read
Kenai mayor moves to shield home value from city property tax
Kenai's mayor directed the city manager to draft a residential property tax exemption after residents said assessments are climbing faster than relief.
by Walter AlaskaNews3mo ago2 min read
A new Nome dredge application enters the pipeline that just rejected a fiercely fought gold mine
A new suction-dredge application near Nome enters the same regulatory pipeline that just rejected IPOP's massive Bonanza Channel gold mine
by Maggie AlaskaNews3mo ago2 min read
Kaktovik residents press North Slope Borough on cracked homes
Kaktovik and Nuiqsut residents told the North Slope Borough Assembly that homes are cracking and settling, and asked for repairs and new programs to address the damage.
by Walter AlaskaNews3mo ago4 min read
The road to Bear Valley Elementary would narrow, and won't fix the jam
The road to Bear Valley Elementary already backs up at pickup, so the plan is to make it narrower — which, the project admits, won't fix the jam.
by Walter AlaskaNews3mo ago2 min read
Winter ferry bookings open on the system that's the only road many Alaska towns have
Winter ferry bookings are open on the Alaska Marine Highway — the federally funded "road" for the four-in-five Alaska towns with no highway — even as some communities say this winter's schedule is still too thin.
by Walter AlaskaNews3mo ago2 min read
More from Economy & Business
A Hilcorp gravel-mine permit reflects the North Slope's expanding oil footprint
Hilcorp wants a new North Slope gravel mine — one small permit amid a gravel-demand surge as Arctic oil development expands and converts wetlands, one project at a time.
by Maggie AlaskaNews3mo ago2 min read
Alaska's freight system was built to ship oil out. Now it's about getting packages in.
Alaska's freight network is shifting from moving oil out to bringing online-shopping deliveries in, as pipeline throughput slides and e-commerce surges through Anchorage.
by Walter AlaskaNews3mo ago2 min read
Homer electric members get a small break while Interior faces a big spike
Homer electric members are paying about $3.30 less since July 1 — a rare bit of good news, while Interior members brace for a 62% cost-of-power spike.
by Walter AlaskaNews3mo ago1 min read
A separated path toward Hatcher Pass would get walkers and cyclists off Palmer-Fishhook Road's dangerous shoulders
A planned 8.5-mile path would finally get walkers and cyclists off Palmer-Fishhook Road's white-knuckle shoulders — if the Mat-Su Borough can pull together the $4.5 million to build it.
by Maggie AlaskaNews3mo ago1 min read
State weighs 19-year rent-free FAA lease at Hooper Bay Airport
Alaska is considering a 19-year rent-free lease for the FAA to install navigation and weather equipment at Hooper Bay Airport, one of six rural airports where the agency seeks similar no-cost deals.
by Alaska News3mo ago1 min read
A decade after a plan promised lower energy costs, Bering Strait villages are still studying the problem
A decade after a regional plan promised lower energy costs, Bering Strait villages are still studying the problem — as Kawerak seeks contractors to assess the diesel infrastructure keeping 20 communities running.
by Alaska News3mo ago2 min read
A Northwest think tank has ideas for Anchorage housing
A Seattle think tank that advocates for denser housing is recommending Anchorage zoning changes, one of which the city already adopted in 2025.
by Walter AlaskaNews3mo ago2 min read
Tuesday, Aug 4
A protected Potter Marsh hillside faces access questions at an Aug. 10 hearing
A 303-acre hillside feeding Potter Marsh is permanently protected, so the debate now is over access — where trails and parking go, and which neighborhood streets take the traffic. A 20-year plan gets a hearing Aug. 10.
by Maggie AlaskaNews3mo ago2 min read
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
Wasilla resident gets gas station to study sidewalk on school bus route
A Wasilla resident got a new gas station to study building a sidewalk on a street where kids walk to the bus. The commission also OK'd a youth mental health facility.
by Walter AlaskaNewsadded 3mo ago1 min read
70 homes, one way out: Wasilla weighs fixing a risky railroad crossing on Lucille Lake
Over 70 Lucille Lake homes share one risky way out — a steep rail crossing that's also the only path for fire and ambulance. Wasilla eyes $5.25M to fix it.
by Walter AlaskaNewsadded 3mo ago2 min read
Federal money, not oil, drove half of Alaska's growth — and now it's shrinking
Turns out the oil state runs on Washington's checkbook: federal money, not crude, drove half of Alaska's growth — and it's now shrinking.
by Bill AlaskaNewsadded 3mo ago2 min read
Alaska moves to hand four more land tracts to a housing agency, no bidding required
Alaska is proposing to transfer four more state land tracts to its housing agency without competitive bidding — part of an ongoing push to turn public land into housing development.
by Maggie AlaskaNews3mo ago1 min read
FAA retires two Alaska flight routes in a satellite-navigation shift
The FAA will retire two Alaska flight routes Oct. 29 and extend a third, part of a shift from ground-based to satellite navigation over non-radar terrain.
by Maggie AlaskaNews3mo ago2 min read
Kodiak has until Oct. 2 to weigh in on Terror Lake relicensing
Kodiak residents have until Oct. 2 to tell FERC what to study as Terror Lake Hydro seeks relicensing — a review touching power costs and the river.
by Maggie AlaskaNewsadded 3mo ago2 min read
Legislators to hear the case for a gas line as the effort stalls
A minority caucus will host an Anchorage gasline listening session with only supporters, as the effort sits stalled in a third special session with no bill.
by Walter AlaskaNews3mo ago2 min read
Anchorage Assembly weighs 10-year tax break for condos above shops and offices
Anchorage weighs a 10-year property-tax break for buyers of new condos above shops to spur housing, but critics ask whether the price cap lets it build much.
by Walter AlaskaNews3mo ago2 min read
Interior proposes easing Arctic offshore drilling safety rules
The Trump administration proposed easing post-Deepwater Horizon safety rules for Arctic offshore drilling off Alaska, reviving the spill-risk debate.
by Maggie AlaskaNews3mo ago2 min read
Chugach seeks industrial zoning for its campus, dropping a buffer
Chugach wants to rezone its Anchorage North Campus to heavy industrial to match its use, dropping a green buffer meant for a highway that likely won't come.
by Walter AlaskaNews3mo ago1 min read
Gold-exploration filings cluster in a historic Interior district
Three gold-exploration applications landed within six days in the historic Valdez Creek district, a small rush in an area that's produced gold since 1903.
by Maggie AlaskaNews3mo ago1 min read
Ambler advances, but the U.S. stake in its developer hasn't closed
Ambler Road permits are back in force and the project is advancing, but the U.S. government's planned stake in developer Trilogy Metals still hasn't closed.
by Walter AlaskaNews3mo ago2 min read
Anchorage may let buyers own a detached home outright where condos are now the norm
Anchorage may let buyers own detached houses outright in more residential zones — a change aimed at helping people dodge the financing hurdles of buying a condo. The Assembly decides.
by Walter AlaskaNews3mo ago2 min read
Interior Alaska's spring-thaw weight limits lift Wednesday for haulers
Spring-thaw weight limits are lifting on Interior Alaska roads Wednesday — haulers can apply for overweight permits again, but full loads aren't automatic.
by Alaska News3mo ago1 min read
Parks Highway delays ease on one stretch, but not the next
Parks Highway traffic control is gone between MP 322 and 325 after a haul-truck crossing opened, but the next stretch south still has speed limits and diversions until 2028.
by Walter AlaskaNews3mo ago1 min read
Monday, Aug 3
Mat-Su commission backs the $9 million road route over the $30 million one
Mat-Su's planning commission backed a $9 million southern road route over a northern one pegged at up to $31 million, overruling a staff recommendation. The assembly decides next.
by Walter AlaskaNews3mo ago2 min read
Utility warns of rolling blackouts in Southcentral as soon as this winter
At a Municipality of Anchorage press conference last week, MEA's CEO warned that Southcentral could see rolling blackouts as soon as November if Cook Inlet gas falls short — the first time in 45 years he says he can't guarantee power.
by Walter AlaskaNewsadded 3mo ago2 min read
The jet bridges at the Anchorage airport are wearing out
Those clunky old jet bridges at the Anchorage airport are wearing out, and the state is replacing them gate by gate through 2028. Two more are up for bid now.
by Walter AlaskaNews3mo ago2 min readFrom 
Sunday, Aug 2
Anchorage would sell rights over its City Hall lot below appraisal
Anchorage would sell two private firms the right to keep part of the City Hall lot building-free — $80K under appraisal, for a downtown project not yet filed.
by Walter AlaskaNews3mo ago1 min read
Kenai weighs federal housing funds for Sixth Street water and sewer work
Kenai weighs using federal housing grant money to help fund water, sewer and street work on Sixth Street, with a public hearing and vote Wednesday.
by Walter AlaskaNews3mo ago1 min read
Neighbors got the tower dropped from a south Anchorage substation rebuild
After a two-year fight, neighbors got Chugach to drop a 65-foot tower from a south Anchorage substation rebuild. A smaller fence-and-noise dispute is left.
by Melinda Communities.Newsadded 3mo ago1 min read
ENSTAR says Cook Inlet output has fallen to a fifth of its 1990s peak, with its firm contract ending in 2033
Cook Inlet is apparently in trouble, well, unless you think rolling backouts are a good deal. And I'm sure somebody in the world does, somewhere
by Bill AlaskaNewsadded 3mo ago3 min read
Micciche sets break-even floor on Kenai Peninsula tax break for Alaska LNG
Kenai Peninsula Borough Mayor Peter Micciche set a floor on Alaska LNG tax breaks at 75% off, saying the borough will not accept less than break-even on a $23.6 billion to $28.4 billion facility.
by Bill AlaskaNewsadded 3mo ago3 min read
Juneau's casino opened on shifting ground and now faces suits on two fronts
Juneau's tribal casino opened through a federal opening since rescinded, and now faces the state, a family lawsuit and doubt about whether it's even legal.
by Maggie AlaskaNews3mo ago2 min readFrom 
