Juneau, Alaska

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

Tag: Economy

Alaska by the Numbers – October 2019

Here is your free monthly update on what’s going on in Alaska’s economy. The Labor Market Keeps Improving According to the Department of Labor numbers released last week, Alaska extended its winning streak to 12 consecutive months of job growth. The jobs count in September 2019 was a total of […]

Alaska By the Numbers – August 2019

A lot happened in Alaska during the month of August. Here’s the run down on how we read the headlines. BP and Hilcorp Agreed to Terms on Alaska Assets The news that broke the internet in Alaska last week was a press release from BP. They announced that they were […]

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 […]

Alaska by the Numbers – FY19 Closing Edition

Now that my work with the new administration is done, I’m back to providing you with some light reading. Here’s your monthly breakdown of the things that I’ve been watching in Alaska’s Economy. Although, seeing as today is the first day of the new fiscal year, this edition provides insight […]

Here is What We Think the July Job Numbers are Saying

The Alaska Department of Labor and Workforce Development released preliminary July job numbers on Friday. The general takeaway is that things aren’t better yet, but they are no longer getting worse. We have talked before about how the general health of the economy appears to be nearing the end of […]

Taxes Part 2: Tax Implications on the Economy

Before we can have a meaningful discussion about tax policy, let me briefly describe the way an economy functions. Until that foundation is laid, the impacts of taxation cannot be fully understood. The Bucket Analogy A classic metaphor of an economy is to visualize a bucket of water. The level […]

Times are Changing

Our economy is the strongest it’s ever been, and is about to get better. At the same time, our economy is broken, and it’s about to get worse. How can this paradoxical reality be true? Simple, we no longer have one economy. We have two. And all indications point to […]

The Alaskan Case of Dutch Disease

We all dream about what we would do if a couple million dollars fell into our laps. It turns out, most of those stories don’t work out the way we would think. Lottery winners don’t always make the best decisions. Instead, they buy luxurious houses and cars, and go on […]