2010 AEDC Economic Forecast Report

AEDC forecasts employment in Anchorage will decline through the first half of 2010, continuing a downward trend that began mid-year 2009. Employment in the oil and gas, government, and business and professional services sectors
are expected to remain at about 2009 levels. AEDC anticipates job declines in the leisure and hospitality (500 fewer jobs), construction (400 fewer jobs), trade (300 fewer jobs), and transportation (200 fewer jobs) in 2010. Continuing increase in employment is expected in the health care sector (200 jobs). Troop levels at Fort Richardson are expected to increase slightly while levels at Elmendorf Air Force Base are expected to remain stable in 2010. Overall, employment in Anchorage is expected to decline by about 1,200 jobs in 2010, a net change of -0.8 percent.

Download the full report (PDF file): AEDC 2010 Economic Forecast Report