August Alaska Economic Trends

August Trends’ profile of tourism’s impact on Southeast Alaska is the first of its kind. As there’s no official “tourism industry,” we looked at a variety of industries and occupations to estimate tourism employment and wages. We also describe how tourism was born in Southeast, the gateway to the rest of Alaska – steamships ushered it in but its true growth began and continues with the rise of large cruise ships.

Also this month is an analysis of the demographics of newcomers to Alaska and how these new residents change the state’s makeup. Finally, the August issue gives a brief summary of four of Alaska’s largest rental markets, based on the latest results of our annual rental survey.

AlaskaEconomicTrends_Aug2015

July Alaska Economic Trends

July Trends is Department of Labor & Workforce Development’s annual cost-of-living issue, which compares costs across Alaska along with other U.S. cities. They also look at the rise in costs over time, as determined by Anchorage’s inflation rate. The overall rise in prices was relatively small in 2014, and transportation costs went down slightly.AlaskaEconomicTrends_July2015