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2023 Business Confidence Index Report

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

Confidence decreased in four out of five categories, leading to an overall (if slight) decrease in the Composite Index score, from 60.6 to 60.2. However, 60.2 is well above the 10-year average of 54.9 and is the second-highest score in the last decade (following last year’s score of 60.6).

In general, 2023 scores changed little from 2022. The largest change in views was about the Anchorage Economy, which decreased by 2.9 points.

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