Pandemic impact forecast to last through at least 2022
ISER Professor Mouhcine Guettabi forecasts modest economic growth for the Alaska economy for 2021 and 2022. However, he expects that this modest growth will not be enough for Alaska to fully recover from the COVID-19 pandemic shock. Professor Guettabi projects that the economy in 2022 will still be 5% below the pre-pandemic level. The forecast appears in a report entitled Alaska’s Economy and the pandemic, which was prepared for the Alaska Department of Commerce, Community and Economic Development (DCCED.) The projection that Alaska’s economy will not fully recover by 2022 is consistent with similar Federal Reserve forecasts for the US economy. Read more about > Pandemic impact forecast to last through at least 2022