Alaska Economic Report is a weekly look at the trends, policies and issues that impact your wallet in Alaska. From local businesses, to fiscal policy to big industries like fishing, tourism and oil & gas, we cover the high-stakes economic issues that matter to Alaskans all over the state.
Trump's day-one executive order called for expanded Alaska drilling, but his simultaneous push for lower oil prices has industry experts concerned.
Entrepreneurs say the uncertainty they're facing is potentially just as damaging as the costly tariffs.
For quilters on the Kenai Peninsula, there aren't many other local options to turn to.
For Adam Kaufman and Liam Cuddy the path to charitable giving started at a young age. They hope by getting more youth involved, it'll bolster the philanthropy scene when they're adults.
Mount Spurr's recent elevation to advisory status has Southcentral Alaska businesses shifting into preparation mode.
Supporters are disappointed in the assembly vote but aren't giving up. They will continue the conversation with the Anchorage Assembly after the municipal election April 1.
Pacific Kelp Co. is working with two university researchers to study the benefits of their kelp extract as fertilizer. If it works, the company hopes it will drive up demand for Alaska products.
For decades, the Bering Sea herring fishery has provided bait fish for crabbers.
The plan would allow skilled trail workers to continue their work this summer, after half of the U.S. Forest Service trail crews were fired last month by the Trump administration.
Students practiced tying nautical knots and did team building exercises. While next door in the renewable energy workshop, students wielded thermal imaging cameras.
In recent years, the U.S. market for tinned seafood has surged by billions of dollars and boutique branded cans of fish are trending on TikTok. At the head of this swell is a small cannery on Prince of Wales Island in Southeast Alaska.
The state of the egg-conomy is forcing Anchorage eateries to raise prices and rethink recipes. It has also increased the demand for local farm fresh eggs.
Businesses that depend on snow in Anchorage are slimming their workforce and relying on other services to get by this winter.
A small but growing number of farmers in Alaska have taken to an unconventional way of growing greens and herbs – by doing it indoors.
Earlier this month, Alaska's minimum wage went up by $0.18 per hour. It'll rise again in July after voters passed Ballot Measure 1 last November.
Last April, President Biden signed a law that allows the government to ban foreign-owned apps that threaten national security. If TikTok isn't sold by Sunday, it faces a nationwide ban.
Oil prices are down, and that means there's less money for lawmakers to spend during the upcoming 34th Alaska Legislature.
How low can you go - really?
Finding affordable housing in Anchorage is a challenge, and housing experts are looking for solutions. One idea is making it easier for people to live in multigenerational homes.
In the current version of the proposal, ⅔ of the revenue would provide property tax relief. The other 1% would go to building new facilities which would be determined by Anchorage voters.
The study doesn't promote EVs, but aims to better understand their usage in rural Alaska and clarify misconceptions about them.
If it's built, the full pipeline project would move natural gas from the North Slope to Nikiski, where it'd be prepared for shipment overseas.
If it's built, the 45-megawatt solar farm in Nikiski would be the biggest in Alaska.
Jared Reynolds has been in the field for over a decade. He helped launch a business accelerator, and thinks that experience will help him in his new role.
Tyler Robinson is vice president of community development, planning and real estate at Cook Inlet Housing Authority. The organization is the main provider for affordable housing in Anchorage.
It's been more than a month since the Central Gulf of Alaska Pollock trawl fishery was abruptly shut down on Sept. 25, following an unusually large amount of Chinook salmon bycatch. As the dust settles, the economic ripple effects of that closure are being felt across Kodiak.
Ballot Measure One would raise the minimum wage and allow workers to accrue sick leave. Many business owners say it makes sense, while others believe it'll drive up high operating costs even further.
2023 in particular marked one of the worst years for commercial fishermen in modern history.
The Petersburg Indian Association is paying for it with money from the federal Tribal Transportation Program.
The Petersburg Indian Association is paying for it with money from the federal Tribal Transportation Program.
The Petersburg Indian Association is paying for it with money from the federal Tribal Transportation Program.
The Petersburg Indian Association is paying for it with money from the federal Tribal Transportation Program. The federal program is meant to provide safe transportation and access to tribal lands.
The Petersburg Indian Association is paying for it with money from the federal Tribal Transportation Program. The federal program is meant to provide safe transportation and access to tribal lands.
The Petersburg Indian Association is paying for it with money from the federal Tribal Transportation Program. The federal program is meant to provide safe transportation and access to tribal lands.
The Petersburg Indian Association is paying for it with money from the federal Tribal Transportation Program. The federal program is meant to provide safe transportation and access to tribal lands.
The dividend landed in bank accounts across the state Oct. 3. The total amount includes a normal dividend of $1,403.83 plus a $298.17 energy relief payment.
The deal could have some benefits for travelers, but some worry that could come at the cost of jobs and service, especially in Hawaii.
Excerpt: Alaska's isolation makes it harder for content creators to make a living off their social media. But the state's unique fashion and landscapes can help.
Regional airline Ravn Alaska announced recently it was stopping service to the Aleutian Islands. This means there's limited options for travel in the region, although the remaining provider says prices won't change.
It's hard for homeowners to figure out what will make these annual floods tolerable. Staying completely dry might be difficult, if not impossible, but it's also hard to make peace with letting the water in again and again. Both options are expensive.
The scholarship stems from a student-managed real-world investment fund, which grew from $200,000 to nearly $2 million.
Dog sledding is an iconic piece of Alaska's history. Now, it's taken on a new form to help it survive: excursions for Juneau's ever-booming cruise ship tourism industry.
For many, the Alaska State Fair is a time to relax and have fun. But for some business owners, it's also a massive opportunity.
Americans have embraced meal kit services- where all of the ingredients for a tasty dinner are delivered to your doorstep. But most national options aren't widely or easily available in Alaska.
At the Bethel landfill, residents push back against the challenging economic reality of life in rural Alaska.