By Tim Maudsley
RISQ Consulting attended the 2019 Anchorage Economic Development Corp (AEDC) Luncheon, and I am happy to hear that the news was relatively positive about the 2019 economy as well as the business confidence index. Surveys showed a mostly positive outlook for business since 2014, real estate sales and prices were higher in 2017, and Anchorage is projected to add jobs for 2019 for the first time in 3 years. Concern still centers around oil prices and production, the State fiscal budget, the cost of healthcare, and the Port of Anchorage, which is now estimated to cost more than $2B to repair. I would highly recommend taking a look at the KTVA report, as understanding the local economic forecast can be just as important as knowing how to dress for the weather waiting outside your arctic entry.
Click here to view the 2019 AEDC Economic Forecast
Click here to view the 2019 Annual Business Confidence Index Report