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
Thursday, Jul 16
Fairbanks riverwalk gap closure gets commission review next week
Fairbanks commission reviews Phase III of Chena Riverwalk on July 22, a trail segment to close a gap near Pioneer Park, after city council opposed the current design as too expensive.

Sitka Assembly schedules child care work session for July 21
Sitka Assembly meets July 21 to tackle child care shortages that parents say are expensive and understaffed, and that hurt nearly two-thirds of local employers.

Anchorage operator seeks renewal of four marijuana licenses across two sites
Anchorage operator Eun Lee seeks renewal of four marijuana licenses at two sites; the city's protest window closes July 25 and 26.

Parks Highway closed at MP 274 near Clear Space Force Station
A disabled semi-truck closed the Parks Highway at Milepost 274 near Clear Space Force Station through Friday, blocking the main route between Anchorage and Fairbanks.

Kodiak commission votes 4-2 to rezone Cliff Point lots to conservation district
Kodiak planning commission voted 4-2 to rezone six Cliff Point Estates lots to conservation district, raising minimum lot size from 2 to 5 acres and reducing how many homes could be built there.

DNR moves to lease four acres near Valdez to adventure tourism operator Black Ops Valdez
DNR is leasing four acres near Valdez to Black Ops Valdez for heli-skiing and backcountry tours, but the deal faces a competitive bidding process if the public objects during the comment period.

Alaska Senate passes HB 381 oil and gas tax bill 11-8, with dissenters signaling more work ahead
Alaska Senate passed HB 381, the main bill enabling AK LNG, 11-8 Thursday, but dissenters flagged unresolved questions about a new income tax on oil and gas pass-through entities.

Kodiak Borough holds public hearing on Ouzinkie tsunami shelter rezone
Kodiak Island Borough Assembly held a public hearing July 16 on rezoning an Ouzinkie parcel to house the community's tsunami shelter and tribal offices.

More from Economy & Business
North Slope Borough approves $5M water and sewer increase after Point Lay freeze-up
North Slope Borough approved a $5 million increase to its water and sewer contract Monday after a village-wide freeze-up in Point Lay that has lasted since December 2025.

Fairbanks subdivision stuck in limbo since 2018 seeks fourth extension, citing owners' divorce
Fairbanks Platting Board will decide July 15 whether to extend a subdivision's approval for a fourth time, after the owners' divorce halted road work needed to finish the eight-lot Nalak Subdivision.

Alaska LNG tax bill advances to floor on split conference committee votes
Alaska's Legislature advanced a revised LNG tax bill that replaces municipal property taxes with a state volumetric tax, redirecting an estimated $500 million in annual local revenue by 2033.

Conference draft keeps oil-and-gas pass-through tax, delays it to 2029
A House-Senate conference committee draft of HB 381 keeps a proposed income tax on oil-and-gas pass-through entities but delays collections to 2029.

Chugach Electric proposes 3.5% rate hike to cover $11.2 million shortfall
Chugach Electric seeks a 3.5% rate increase to cover an $11.2 million shortfall, adding about $4.55 to typical monthly bills, with a decision expected by November 2026.

Wednesday, Jul 15
Anchorage's landfill needs $1.9 million in new heavy equipment
Can you believe it equipment gets old! Womp Womp

Fairbanks weighs doubling a rec area and shifting trail approvals to staff
Fairbanks may nearly double the Isberg Recreation Area to 740 acres — and let future trails get built through staff review instead of public hearings.

A tiny Alaska post office runs out of a cabin, and the state wants to keep it
Skwentna's post office runs out of a private cabin at a fly-in airport, and the state just moved to renew the lease keeping it open.

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 tightens the rule on city workers' holiday pay
Anchorage is tightening its holiday-pay rule for city workers: miss any part of the shift before or after a holiday and you forfeit the pay. It hits six city unions, up for a July 21 vote.

Ketchikan's fishing fleet is stuck without showers in peak season
A collapsed drain pipe left Ketchikan's fishing fleet without public showers during peak season — and nobody's even opened the floor yet. One fisherman gave the harbor board an earful.

A shifting wall threatens Bethel's freight lifeline
A sheet pile wall at Bethel's port is shifting, and the Corps wants an engineering fix — a worry for the roadless Y-K Delta's only real freight lifeline.

Anchorage Assembly set to vote July 21 on nearly $3M landfill tipping building contract
Anchorage Assembly votes July 21 on a $2.99 million contract to replace the 40-year-old public tipping building at the Eagle River landfill, with work to finish in 180 days.

Tlingit & Haida leaders ask tourists to stop using totem poles as social media props
Tlingit, Haida, and Tsimshian leaders are asking tourists to stop using totem poles as social media backdrops, saying the carved poles hold sacred stories and ancestors, not Instagram props.

Denali proposes a daily vehicle cap on its previously restricted road
Denali wants to swap its seasonal vehicle cap for a daily one — 160 a day on the restricted road. Comment by Friday if you've got thoughts.

EPA moves to stop Alaska's cold from shutting down diesel engines
Alaska cold can freeze a diesel's emissions fluid and cut its power mid-job. EPA wants to stop the shutdowns before someone's stranded at 40 below.

Kodiak developer's conservation rezone draws a refuge objection
A Kodiak developer wants to rezone 20 lots into six under a Conservation District; the neighboring wildlife refuge is raising objections. But what don't the feds raise objections about?

Tuesday, Jul 14
Anchorage Assembly to consider beer and wine permit for golf simulator on Old Seward Highway
Anchorage Assembly votes Tuesday on beer and wine sales at Mulligan's golf simulator on Old Seward Highway, with the administration recommending approval.

BLM's Campbell Tract replanting job is open only to women-owned firms
Want to grow 1,710 plants to heal a retired Campbell Tract trail? You'll need a women-owned firm — it's a federal set-aside. Quotes due July 24.

Environmental groups rally against a wave of proposed Alaska data centers
Two Alaska environmental groups are rallying in Fairbanks against a wave of proposed data centers — and the lack of any statewide rules for them.

Alaska won up to $160M to hunt critical minerals with AI and microbes
UAF will lead a new NSF innovation engine — up to $160M over 10 years — using AI and microbes to find Alaska's critical minerals. SCIENCE!!

Alaska's diesel-to-renewables fund reopens, but the money reaches few
Alaska's main fund for getting rural communities off diesel just reopened — with room for maybe nine of the many that'll apply.

Palmer copper project advances as the Chilkat Valley pushes back
The Palmer copper-zinc project near Haines pits a state-backed critical-minerals push against residents and Klukwan fighting to protect the Chilkat's salmon.

A Petersburg cell tower proposal died without a second
A Petersburg cell tower plan died the quietest death possible Tuesday — nobody would even second the motion to approve it.

As federal wetland protections recede, Anchorage rewrites its own rules
After the Supreme Court pulled federal protection off more than half the nation's wetlands, their fate now falls to states and cities — and no state has more wetlands than Alaska.

Anchorage moves to allow homes on commercial land
Anchorage wants to let you build a house on commercial strip-mall land — the latest zoning tweak in its long slog toward 10,000 new homes.

The $100 million question inside Alaska's gas-line bill
Should Hilcorp pay the oil tax ExxonMobil and ConocoPhillips already do? It's worth $100M-plus a year — but critics warn taxing Cook Inlet's gas supplier could backfire.

Steel and pilings shrink Juneau's Oak Landing to a third its size
Steel doubled and the ground needs 100-foot pilings, so Juneau's Oak Landing is shrinking to a third its size — but the welcome center, shops and seawalk survive.

A glacier-dammed lake is emptying into the Salmon River near Hyder
A glacier-dammed lake above Hyder is draining out the bottom of the Salmon Glacier, swelling the Salmon River and threatening the Premier road — like it has almost every summer since 1961.

A small gold permit, on a river fighting for its future
A routine gold-mining permit on a Susitna tributary is a small piece of a much bigger fight over a salmon river conservationists just named one of America's most endangered.

A gravel permit for the pipeline, and a question about what Alyeska pays
A routine permit lets Alyeska pull gravel from the Sag floodplain for pipeline upkeep — but not what the private pipeline giant pays the public for it. A senator's been asking.

Juneau may spend its last prime waterfront lot on a bathroom
Juneau's last prime chunk of downtown waterfront might become… a public restroom and a covered spot to stand. At least one Assembly member is asking if that's really the best use.

Kenai has 120 seniors waiting for housing that doesn't exist yet
120 people are waitlisted for senior housing in Kenai that hasn't been built — and the city's plan doesn't even study the problem until around 2030.
