Alaska’s Economic Trends for 2009 Show Promising Results

This week, state economist Neil Fried spoke to KTUU Channel 2 News on the latest trends in the economy.  According to Fried, Alaska’s population and diversity of cities as well as the demographic trends all contribute to the economy in some way.  As reported to KTUU, the 2009 demographics revealed an interesting movement with more people coming to live in Anchorage than moving out.  In the previous years’ reports from 2007 and 2008, the numbers migrating out of the state was more than those moving into it.  This reversal in trends in 2009 Fried attributes to the overall slowdown in the national economy that is not affecting Alaska the same way it is in other places of the country; with Alaska doing somewhat better than other states, residents are opting to stay and others are choosing to migrate into the state.

For more information on the Alaska economy, visit KTUU news online.

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