Literaturnachweis - Detailanzeige
| Institution | Alaska Univ., Anchorage. Inst. of Social and Economic Research. |
|---|---|
| Titel | Alaska's Economy: What's Ahead? |
| Quelle | 24 (1987) 2, (22 Seiten)
PDF als Volltext kostenfreie Datei |
| Sprache | englisch |
| Dokumenttyp | gedruckt; online; Monographie |
| Schlagwörter | Area Studies; Computer Simulation; Economic Change; Economic Climate; Economic Factors; Employment Patterns; Employment Projections; Income; Population Trends; Prediction; State Government; Alaska |
| Abstract | This review describes Alaska's economic boom of the early 1980s, the current recession, and economic projections for the 1990s. Alaska's economy is largely influenced by oil prices, since petroleum revenues make up 80% of the state government's unrestricted general fund revenues. Expansive state spending was responsible for most of Alaska's economic growth in the early 1980s. Plummeting oil prices triggered a recession by late 1985. A medium case scenario, which assumes that oil prices remain stable at about $18 per barrel, projects that the recession will bottom out in mid-1988 and that slow but steady growth will follow. Alaska's population, number of wage and salary jobs, and real personal income rose 30-37% between 1980 and 1985, will probably fall 3-10% between 1985 and 1988, and should rise to slightly better than 1985 levels by 1995, according to medium case projections. Fairbanks and southeast Alaska will have the fastest recovery, while Anchorage and North Slope regions will have the slowest. The report includes economic projections based on best and worst case scenarios; employment projections broken down into (1) construction jobs; (2) trade, finance, and service jobs; (3) mining, manufacturing, transportation, communications, and utilities jobs; and (4) government jobs. Nineteen figures and graphs, and a descriptive list of nine recent publications by the University of Alaska's Institute of Social and Economic Research are included. (SV) |
| Erfasst von | ERIC (Education Resources Information Center), Washington, DC |
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