Anchorage Economic Development Corporation



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2008 Annual Investor Luncheon - Wednesday, July 23 Click here for details »

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Alaska number two behind California in wind investment
Legislation signed in Alaska creates a five-year, $250 million renewable energy program that puts Alaska among the states dedicating the most money to renewable energy projects, Alaska Journal of Commerce reports.

The state has also approved $25 million to fund under water cables to would connect it to a 50-megawatt island-based wind power project. The new program puts Alaska at No. 2, behind California, among 16 states and the District of Columbia that are investing in renewable energy.
Mid-year forecast update, three-year outlook on tap at Annual Investor Luncheon
The Anchorage Economic Development Corporation 2008 Annual Investor Luncheon is scheduled for Wednesday, July 23 from noon - 1:30 p.m. at the Hotel Captain Cook. The luncheon will provide a mid-year update to the 2008 economic forecast as well as a three-year Anchorage economic outlook.

Andrew L. Shapiro, bestselling author, journalist and the talent behind GE's award-winning, multi-billion dollar "ecomagination" initiative will speak at the luncheon, and will share his insights on the business benefits of and opportunities in environmental investments. Mayor Mark Begich will also present his views on the Anchorage economy.

Register online or call 258-3700.
First quarter 2008 Anchorage Economic Indicators Report - jobs up
Total employment in Anchorage increased by 900 jobs between the first quarter of 2007 and the first quarter of 2008 according to the first quarter 2008 Anchorage Quarterly Economic Indicators Report. The report is available, here, or online at www.aedcweb.com, and summarizes the most recently updated data contained in the Anchorage Economic Indicators Database. With this database, AEDC continually tracks and updates more than 25 different measures of economic activity in the Anchorage area.
Anchorage cost of living remains stable
The ACCRA Cost of Living Index for the first quarter 2008 revealed that Anchorage's cost of living ranks near those of other West Coast cities. Anchorage ranked 126.6 overall (the national average ranking is 100), a .4 percent increase from the same time last year. Other cities scoring similarly include Seattle, WA with 121.5 and Portland, OR with 119.9. The most expensive city in the U.S. is New York, NY at 218.8 and the least expensive city in the U.S. is Mason City, IA at 86.2.
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Changes in downtown Anchorage and the tools to stay informed
One of Anchorage's favorite places to shop, dine, work and play is getting a makeover, complete with some large new additions and ways to move around. From the Anchorage museum expansion and the new Dena'ina Civic & Convention Center to enhancements along E & F Streets, the face of downtown is changing.
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The Nerland Agency expands to offer clients integrated online communications
The Nerland Agency Worldwide Partners expanded its client offerings by purchasing an ownership stake in Tri-Media, an award-winning integrated marketing technologies firm serving a global clientele. The business venture allows the Nerland Agency to provide all current and potential advertising, marketing communications and public relations clients with online and digital communications strategy and execution through a proprietary suite of web technologies and an experienced Internet strategy and development team.
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AEDC releases 2007 annual report
The Anchorage Economic Development Corporation released its 2007 annual report earlier this month at the May 7 Board of Directors meeting. Hard copies of the report are being mailed to all AEDC investors. The report summarizes highlights from the year as well as key economic indicators for the city and AEDC financial data. Download the report, here
Three Alaska communities unite to spur economic growth for Southcentral Alaska
The Anchorage Economic Development Corporation, the Matanuska-Susitna Borough and the Kenai Peninsula Borough have agreed to team up on economic development efforts. The three communities, spanning more than 52,000 square miles across Southcentral Alaska, signed a Memorandum of Agreement in late April.
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Anchorage Economic Development Corporation
900 W. 5th Ave. Suite 300, Anchorage, AK 99501
Ph: (907) 258-3700 Toll Free: 1-800-462-7275 Fax: (907) 258-6646
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