• Client: Southeast Conference
  • Date: Jan 2015
Download Report

This publication tells two stories about the regional economy: a positive tale of five-year trends, and a more sobering one-year analysis and future forecast. Over the last five years we added 2,600 people and 1,500 jobs to our economy. Total workforce earnings increased by $275 million, with most of that coming from the private sector ($209 million). With the exception of government, nearly every sector flourished. New jobs and investments occurred in the areas of seafood, tourism, mining, construction, healthcare, maritime, and energy. However, data from the last year especially indicates a contraction. Between 2013 and 2014 there were few areas of growth, and many indicators trended slightly downwards. Our population declined by 30 people. Jobs fell by 300, mostly in the areas of government, construction, and health care. There were 34,000 fewer cruise and ferry visitors to the region. The value of seafood harvested in the region fell by $92 million. The price of gold fell by 10%. Early 2015 job reports show more losses on the way. The most concerning signal is the long-term strength of our government, which accounts for more than a third of all workforce earnings in the region.

Related Work

Ketchikan Alaska Business Climate Survey
In the summer of 2015, Ketchikan business owners participate
Sitka Economic Development Association Strategic Plan 2016
The new five-year strategic plan setting SEDA's priorities f
Wrangell Waterfront 
Preferred Master Plan
The Preferred Wrangell Waterfront Master Plan is a four-phas
Southeast Alaska Business Climate and Private Investment Survey 2018
In the Spring of 2018, 232 Southeast Alaska business owners