What is AEDC?
AEDC is a private non-profit corporation (IRS code 501(c)(6)), operating since 1987. It exists to encourage growth and diversity in the Anchorage economy, promote a favorable business climate and improve the standard of living of Anchorage residents. Funding sources for the corporation are private contributions, municipal and state grants and contracts.
To grow a prosperous, sustainable and diverse economy.
By 2025, Anchorage is the #1 city in America to live, work and play.
Integrity: Being transparent and ethical in all our dealings
Credibility: Demonstrating competency and expertise in everything that we do
Proactive: Creating opportunities through innovative actions
Collaboration: Leveraging our strengths with the strengths of others
What issues do you think are the most important to the Anchorage economy? Tell us what you think. Click here to take the Business Confidence Index (BCI) Survey!
AEDC has released its 2015 Resource Extraction Projects: 10-Year Projection Report, sponsored by Northrim Bank. The report shows that despite a series of monumental changes for the resource extraction industry over the past year, including Shell’s termination of its Arctic offshore drilling program, resource extraction companies have been presented with opportunities to improve efficiencies and gain greater profits in their current operations in Alaska.read more
The unemployment rate for Anchorage in September was 4.7 percent, the lowest September unemployment rate for the city since 2001, according to the latest report from the Anchorage Economic Development Corp. The rate marks a 0.2 percent increase from August’s revised rate, but continues to remain well below the national and statewide averages. The economic report is further strengthened by the latest housing market data from Alaska MLS, which shows a 12 percent increase in the number of homes sold in September compared to August.read more