Economy

It's still too soon to tell if Alaska is in an economic recession, according to a report released this week by the Alaska Department of Labor and Workforce Development.

Annie Zak

After nearly two decades of debate and planning, the Spenard Road reconstruction project is positioned to receive $13.8 million from a city bond proposal. The municipality's promotional machine is in overdrive.

Scott Jensen
A newly released study found that every dollar put into the Alaska Marine Highway System has double the economic benefit to Alaska.Associated Press
In 2014, the number of nonresident workers grew by 2 percent, while the number of resident workers grew just 0.4 percent. The percentage of nonresidents who work in Alaska has increased for five years in a row.Annie Zak
Gunnar Knapp, director of the Institute of Social and Economic Research at the University of Alaska Anchorage, talked to Anchorage business people on Monday about the urgency with which lawmakers need to fix the state's budget.Annie Zak
The number of people receiving jobless benefits in Alaska continued to fall in December, except for in the oil and gas sector, where claims doubled from the year before.Alex DeMarban
A new report shows that oil and gas construction spending is expected to fall 25 percent from last year, and all other sectors are expected to see a drop of 11 percent.Annie Zak
The Alaska International Airport System, the city of Anchorage and the Anchorage Economic Development Corp. announced Thursday that they've joined forces to create the Alaska AeroNexus Alliance.Annie Zak
Alaska oil spill responders have adopted new rules for the rapid use of chemical dispersant but say dispersant will continue to be considered only rarely, when mechanical cleanup is not practical.Dan Joling | Associated Press
Arthur Keyes made his name as a tireless farm promoter who helped start several markets. He replaces a Palin appointee whom Gov. Bill Walker last year asked to leave the position. Zaz Hollander