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2017 Business Confidence Index Report

Anchorage Economic Development Corporation contracted with McDowell Group, an Alaska research firm, to conduct the ninth annual AEDC Business Confidence Index Survey. The purpose of this survey is to assess business conditions in the Anchorage area and measure Anchorage business confidence entering 2017. The survey was fielded from November 15 to December 23, 2016. Online responses from 304 businesses and organizations in Anchorage and Chugiak/Eagle River were analyzed and modeled to produce business confidence indices. Key findings are highlighted below.

Business Confidence Indices

With a maximum score of 100, an index above 50 indicates a generally optimistic outlook while below 50 indicates a generally pessimistic view.

Five of the six indices have shifted upward slightly since those reported in January 2016, though it should be noted the January 2016 indices were all record lows since the survey started in 2009. The only index to decrease from January 2016 was employment (down 1 point). Only the Anchorage Economy Index is below 50 (suggesting pessimism), all other indices are above the 50 mark.

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