Study: Alaska’s economic growth ‘at or near the bottom’ in U.S.


Alaska’s economic growth is “at or near the bottom” of states since 2015 due primarily to low oil prices, with a drop in the number of residents every year for the past decade and a lack of economic diversification among other serious concerns, according to a report released last week by the University of Alaska Center for Economic Development.

Yet a day before the report’s release another economic expert said Alaska’s economy is showing signs of prospering, and a recent presentation overviewing Southeast Alaska’s economy said it’s “up by a mile” after the COVID-19 pandemic, even though the statewide study says the post-pandemic numbers are anything but healthy.


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