Juneau, Alaska

(907) 699-6788 ed.king@kingecon.com

Economy

Jobs Forecast Challenge: Me vs ISER

On Monday, ISER gave a presentation that suggested the vetoes would cost the economy 4,217 jobs and would send the State whirling back into a recession. I disagree. While it’s ok for us to have different ideas, only one of us will be right. Unfortunately, most people don’t care to […]

A Closer Look at Alaska’s Labor Force

It is the population of an economy that provides the supply of labor and the demand for goods. If the population is declining, you can make a safe bet that the economy isn’t doing well.  Many Alaskan’s have probably heard by now that Alaska’s population declined in 2017. If you […]

The Legislature Should Not Rely on DOR’s Oil Price Forecast

Each October, the Alaska Department of Revenue (DOR) holds an oil price forecasting session. They gather about 30 people in a room in Anchorage, talk to them about what’s going on in the oil markets, and eventually ask them to write down what they think is going to happen to […]

The Permanent Fund Forecast Should be Questioned

A few weeks ago, Brad Keithley wrote an article discussing the proposed POMV draw from the Alaska Permanent Fund. If you’re not up to speed on the issue, here’s the short version of the story. The Situation Alaska has about $60 billion sitting in a constitutionally protected account called the […]