Alaska's construction industry: high hopes.

Alaska Business MonthlyVol. 11 Nbr. 5, May 1995

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Industry Overview

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Alaska's construction industry: high hopes.

The state's construction industry expects good years in 1995 and 1996. Big projects around Alaska are boosting building, from commercial properties to private homes, from Southeast to the Interior.

"Good and getting better" seems to be the general consensus from Alaska's construction industry. Downsizing in the oil patch has not slowed down the state's contractors, who had a good 1994 and are expecting 1995 to be even better.

Neal Fried, an economist with the Alaska Department of Labor, reports construction employment at an annual average of 12,500 in 1994, an increase of 1,000 workers over 1993. In ...

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