Ralph Townsend, ISER director, gave presentations on Alaska’s economy and the state budget (PPTX, 701KB) to the Board of Directors of the Alaska Federation of Natives, CIRI’s Tikahtnu Forum and the Fairbanks Chamber of Commerce in early May. Townsend’s main areas of discussion included employment and the state budget, […]
Mouhcine Guettabi provided an economic overview and answered questions concerning the impact of the governor’s proposed budget to members of the Alaska State Senate and House Finance Committees on Thursday, March 7. […]
Since the start of the most recent recession, driven by the decline in oil prices and consequent contraction of government and private sector spending, the state has lost upwards of 13,000 jobs. But these losses have not been felt equally. ISER’s Mouhcine Guettabi uses employment data between June 2015 and June 2018, to show how each of Alaska’s 19 boroughs and 10 census areas have fared in this recent report.
“The end of the recession is potentially approaching,” Mouhcine Guettabi said on a recent Talk of Alaska on Alaska Public Radio. Guettabi and Neal Fried, senior economist with the State of Alaska’s Department of Labor, agreed that the recession may be ending in the next few months, with the forecast for 2019 being positive, but with little job growth.
The final report, Short-Run Economic Impacts of Alaska Fiscal Options, by Gunnar Knapp, Matthew Berman, and Mouhcine Guettabi, is now available for downloading. It replaces all earlier versions. Also available is a presentation by Gunnar Knapp, for the Alaska Senate Finance Committee on March 30, 2016, discussing the Alaska economy as well as the report findings.