Tag: Alaska Economic Report
At Anchorage’s Dimond Mall, some retailers are reporting that sales have surpassed pre-pandemic levels thanks to pent-up demand and supply chain shortages that are vexing online shoppers.
Across Anchorage, with snow covering the ground and temperatures dropping, waitlists for fat-tire bikes and skis are common. The demand for winter outdoor gear is high.
The Alaska Chamber gave out nearly $1 million in a vaccine sweepstakes program, but it's unclear how effective the program has been at increasing Alaska's vaccination rate.
As COVID-19 case rates in Alaska continue to lead the nation, Alaska’s largest city has no municipal health measures like a mask mandate or gathering restrictions in place. That’s left businesses to navigate which prevention steps to take on their own, which can get complicated for owners trying to weigh the health risks of doing business.
As of July, Alaska had made up less than half of COVID-related job losses.
Renters who make 80% or less of area median income for their community are eligible for rental assistance until Friday, Oct. 1.
The new moratorium only applies to areas experiencing “substantial” or “high” levels of COVID-19 transmission. That’s nearly all of Alaska right now.
An expanded federal tax credit for working families rolled out last week as part of the American Rescue Plan Act. Many have already seen their bank accounts credited $250 to $300 per child this month. It’s a plan that experts say will cut child poverty in half across the country — including in Alaska.
Anchorage has seen a consumer price increase of more than 6% in the last year, with some sectors rising by nearly 50%.
The Mountain View farm took the place of a vacant parking lot. Today it’s tended by more than 20 immigrant and refugee farmers who live in Anchorage.
New breweries have been popping up in Alaska for years, and, despite earlier predictions that growth would plateau, it hasn’t let up yet. vv
Big cruise ships recently got the green light to sail to the state again. At the same time, independent travelers are showing up in force in Southcentral.
As federal aid poured in, personal income in Alaska actually rose in 2020.
Kate Wattum began operating her fiber mill business in Fairbanks in 2016. But it wasn't until 2020 that she felt like she'd hit her stride, turning raw animal fibers into yarn. Then came the pandemic.
It's a seller's market: homes are going fast and at high prices. But experts say they're not seeing the warning signs of a housing bubble.
In Anchorage’s COVID-19 economy, social media skills are essential for small business — but not everyone has them
Familia opened in May 2020. Their food has gained a strong following despite the pandemic.
Hope for big ships at some point this summer is not lost yet, but the outlook is bleak. Leaders in Alaska and Washington D.C. are attempting to find solutions.
Financial needs linger among Alaskans, a year after the start of the pandemic shocked the state’s economy
Needs have settled down after the early spike, but many Alaskans are still dealing with the financial impacts of the pandemic, which are expected to linger in the months ahead.
The change is small -- a 1.1% decline in prices.
The American Rescue Plan, which includes another round of federal relief money for Americans impacted by the pandemic.