The Anchorage Economic Development Corporation released its 2025 Economic Forecast.
ANCHORAGE , Alaska - The Anchorage economy continues to improve according to Jenna Wright, President of the Anchorage Economic Development Corporation, but still faces some familiar challenges.
Investing in the city so that working-aged people want to move here and stay here is a critical part of strengthening the local economy, according to Wright. AEDC supports a sales tax for Anchorage where a portion of the revenues would be used to invest in quality-of-life projects. According to the report, working-age residents made up 69% of the Anchorage population in 2014, which has declined to just 65% in 2024.
In addition, the price of consumer goods has started to stabilize, and Wright said Anchorage residents have higher incomes.
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