On May 1, 2025, Commonwealth North, ISER, and Build Alaska’s Future co-hosted a virtual economic forum featuring ISER economists discussing Alaska’s economic trajectory in light of federal policy changes by the current administration. Titled “How Shifting Federal Dollars Impact Alaska’s Economy,” the event underscored the state’s heavy reliance on federal funds, the growing role of the Alaska Permanent Fund in state revenue, and the challenges posed by ongoing federal policy shifts. After opening remarks by Dr. Scott Goldsmith, former ISER Director and economist, Drs.
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Two emeriti ISER directors, Scott Goldsmith and Gunnar Knapp, debated how best to manage the Permanent Fund at a Commonwealth North lunch at the Petroleum Club on November 8, 2019. The specific resolution for the debate was: “Resolved: The Alaska Constitution should be amended to specify that the Permanent Fund should be managed as an endowment, with a limited and sustainable annual distribution.” Under the format of the debate, a coin was flipped at the beginning of the debate to determine which side each debater would defend.
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Director of the Institute of Social and Economic Research (ISER) and Professor of Economics, Dr. Ralph Townsend, will participate in an upcoming debate with ISER’s former director and Professor Emeritus of Economics, Dr. Gunnar Knapp. Moderated by another former director of ISER and Professor Emeritus of Economics, Dr. Scott Goldsmith, the discussion will focus on whether the Permanent Fund Dividend should be constitutionally structured as an endowment and what that would mean to Alaska’s finances and dividend program going forward.
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Construction spending in Alaska this year will be around $7.2 billion, up 10% from last year. Excluding an estimated $200 million in spending attributable to the 2018 earthquake, spending will be $7 billion, up 8% from last year. The increase is primarily due to an increase in petroleum spending which will grow 13% to $2.7 billion and national defense spending which will also grow 13% to $700 million.
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12 noon – 1p.m.
UAA/APU Consortium Library, Lew Haines Conference Room 307
Alaska economists discuss where our economy is headed and the opportunities and risks on the horizon. Bring your questions.
ISER Contact: Pam Cravez, Communications Director, 907-786-5425, pcravez@alaska.edu
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