construction workers on a site with plywood and a table sawScott Goldsmith, Professor Emeritus of Economics at ISER, spoke with Abbey Collins of Alaska Public Radio Network last week about increased construction spending in Alaska, particularly increases in petroleum and national defense spending. These increases, along with spending as a result of the 7.1 magnitude earthquake in November, are contributing to what Goldsmith estimates to be about  a 10% increase in construction spending over 2018.  Goldsmith’s estimates of spending by sector are available in the 16th annual construction forecast, prepared for the Associated General Contractors of Alaska.

Eye on the Arctic also reported on Goldsmith’s APRN interview.