As the COVID-19 pandemic continues to disrupt the economy since March of 2020, the Anchorage Consumer Optimism index (ANCi) has dropped to lowest levels recorded since the survey was established in 2010 at 43.5 in Q4. The ANCi is now categorized as in the “Not Optimistic” range of below 45. The ANCi saw an additional significant period of decline since the recent high point of 59.3 achieved in Q3 of 2018. The previous index was 49.2 in Q3, down slightly compared to Q2. The more stable six-month moving average declined to 46.4, a pronounced drop in the overall trend of the index.