$150M in Federal Funds for Beluga-Healy Electrical Intertie
The US Department of Energy awarded $150 million in defense readiness funds for an electrical intertie between Beluga and Healy.
Government
Alaska Employment: Unemployment Rate Flat in August; Total Jobs Down
Job growth in July was negative due to government sector cuts, even as 4.3 percent unemployment was the lowest Alaska has seen in a long time.
$410M Federal Grants for Ferry System Upgrades
Federal grants include $153.4 million to replace M/V LeConte, funds to develop a new Juneau ferry terminal, and cash for operations.
Alaska Employment: Unemployment Rate Down in July, Total Jobs Also Down
Job growth in July was negative due to government sector cuts, even as 4.3 percent unemployment was the lowest Alaska has seen in a long time.
$2.3M in Federal Grants for Seward Shipyard Operators
The US Maritime Administration awarded grants to JAG Alaska and Catalyst Marine Engineering to acquire new equipment for their Seward shipyard operations.
AEDC Strategizes to Reverse Anchorage Economic Decline
The Anchorage Economic Development Corporation launched a Community Economic Development Strategy to counteract persistent problems.