News

Officials anticipate an increase in construction spending this year in Alaska. 
 
A forecast from the Institute of Social and Economic Research at the University of Alaska Anchorage says construction spending should be $7.7 billion in Alaska this year, up 3.3 percent from 2011.
 
Read more at the Anchorage Daily News
 
It's the billion dollar question in Alaska 2012: Will this be the year Shell Oil begins large-scale offshore exploratory drilling in Arctic waters? 
As expected, there will be fewer halibut available for fishermen to catch this year -- an 18 percent reduction to 33 million pounds, split among fisheries along the West Coast, British Columbia and Alaska. That follows a 19 percent cut to the catch last year. 
 
Read the full story at the Anchorage Daily News.