Happy New Year! We asked leaders across Alaska for their comments on the economic outlook for 2017, and the common theme is an optimistic outlook as long as there is proper legislative action taken and diversification of the economy. Alaska Business Monthly believes “Alaska Can Do It,” and we’re confident the business community will prosper.
When taking into consideration the critical state of the Alaska economy, it’s not just about the price of oil; it’s also about the amount of oil.
Vote this November in the General Election. Registered voters should turn out in force to make a difference with their votes. In the August Primary Election only 88,817 of 515,714 registered Alaska voters cast ballots—a 17.2 percent turnout. As an aside to contrast this year’s poor Primary Election participation, in Alaska’s 1992 General Election, 82.9 percent of registered voters cast ballots—the highest percentage of voters so far.
Hands down I would say this issue lists forty-nine of the best places to work in Alaska—our 2016 Top 49ers. Although, I should point out that we originally intended to expound on the First Annual Best of Alaska Business Awards winners of the Best Place to Work category, it just so happens that two of the three happen to be Top 49ers: First National Bank Alaska and Bristol Bay Native Corporation.
Alaska Native Corporations formed under the Alaska Native Claims Settlement Act (ANCSA) contribute a vast amount and diverse array of economic stability to the state’s $50 billion-plus GDP.
Alaska is uniquely and acutely aware of the necessity of understanding and balancing the business needs and environmental values implicit in the energy and environmental sectors of the economy.
Thank you to our readers who helped us select the winners of Alaska Business Monthly’s first annual Best of Alaska Business Awards
Audrey Hepburn said, “To plant a garden is to believe in tomorrow.” Alaskans all over the state might do well to grow a garden of fruits, vegetable, and herbs this summer; after all, with the climate changing more rapidly in Alaska than anywhere else on the planet we can all be productive gardeners.
A lot of companies are worried about survival in the current economy—still others have an inkling they are going to survive and want to also thrive.
In March the Alaska Legislature passed a nearly $9 billion FY17 Operating Budget and reduced the deficit by less than half a billion dollars.