At the start of 2021, AEDC was hopeful that declining COVID-19 case counts, a successful vaccination campaign, and further federal relief would drive economic recovery in Anchorage. The spread of COVID-19 variants (delta and omicron) added new uncertainties, health...
2021 Economic Forecast Luncheon video series In this new video series, AEDC President & CEO Bill Popp draws on the data and reports created for the 2021 Economic Forecast Luncheon to provide detailed overviews of key industry sectors and trends. The video series...
At this time last year, AEDC expected the Anchorage economy to add 300 jobs over the course of 2019, marking the end of three consecutive years of employment decline. The promise of steep State budget cuts brought an end to that optimism, prompting AEDC to revise its...
A year ago AEDC predicted Anchorage would lose another 1,000 jobs in 2018, mainly in the support sector, as the multiplier effects of previous years’ losses rippled through the economy. The final accounting of Anchorage employment in 2018 will likely place the loss at...
The Anchorage 2018 average year-to-date (YTD) not seasonally adjusted unemployment rate dropped to 5.8 percent at the end of May, 0.6 percent higher than at this time last year. A decrease of 4,025 in the employment total and a decrease of 3,417 in the Anchorage labor...
