• Forecast
  • News Tip
  • Categories
Temperature Precipitation
Estimated read time
42s

AK construction industry report released

By Dave Detling 2:41 PM February 1, 2014

The state's construction industry is forecast to spike 18 percent

ANCHORAGE - The state’s economy is expecting a huge boost from the construction industry.

According to a recently released report, 2014 will see $9.2 billion in revenue.

The eight-page report issued for the Construction Industry Progress Fund (CIPF) and the Associated General Contractors of Alaska (AGC) said the states construction industry is up 18 percent over last year.

Scott Goldsmith of the University of Alaska’s Institute of Social and Economic research contributed to the report.

“Finally, the economy has continued to grow, adding jobs and population,” he said.

The report underwritten by Northrim Bank, and issued for the 11th consecutive year, breaks out both private and public sectors of construction spending. It notes the oil and gas sector will account for nearly half of the total with $4.3 billion.

Click here to view the full report.

Latest Stories

  • Weather

    Daybreak weather, July 31

    by KTVA Weather on Jul 31, 9:23

    Anchorage Mostly sunny with highs in the lower 70s. Light winds. Kenai and Prince William Sound Partly cloudy with highs in the 60s and 70s. Isolated showers over mountain areas. Southeast Mostly cloudy with rain showers. Highs in the 50s and 60s. Interior Sunshine and clouds with isolated showers/t-storms. Highs in the 70s. North Slope […]

  • DayBreak

    Fun-loving felines: Daybreak’s Adopt-A-Pets

    by Daybreak Staff on Jul 31, 8:34

    Elmo: Outgoing, demonstrative and loving. This 2-year-old charmer is good with other cats, dogs and children. Tippy Toes: A fun-loving and playful young lady who enjoys taking treats from your hand. She’ll be sure to keep you entertained. Nico: A playful adventurer who likes to chat with you. Nico also loves affection and purrs with […]

  • News

    Mild winter lowers number of moose, car collisions

    by Associated Press on Jul 31, 7:07

    Wildlife officials say the mild winter this year kept road visibility decent enough to save some moose and driver’s lives. The Peninsula Clarion reports (http://bit.ly/1UbyScq) that the Alaska Moose Federation tracked 167 moose-car collisions in the Kenai Peninsula’s highways this year, compared to 206 in the previous year. Alaska Department of Fish and Game wildlife […]

  • News

    Event honors those helping Anchorage youth

    by Eric Ruble on Jul 31, 0:22

    The Anchorage Collaborative Coalitions honored those who often go unrecognized in a ceremony at the Lakefront Hotel on Thursday. The celebration awarded individuals and organizations that have made an exceptional effort to help Anchorage’s youth. Recipients included the Boys and Girls Club of Alaska and United Way of Anchorage. One of the award recipients was […]

  • Sports

    Chugiak bucks Juneau to advance to Legion championship

    by KTVA Sports on Jul 30, 22:49

    Eight weeks after Chugiak beat South in the high school baseball state title game, the Mustangs are looking for yet another first place finish after beating Juneau 12-5 in the American Legion State Tournament on Thursday. The Mustangs were in trouble early after Juneau followed up a 1-run first inning with three runs in the fourth […]

  • News

    Anchorage in Transition: Bill Falsey talks domestic violence and sexual assault

    by KTVA CBS 11 News on Jul 30, 22:21

    With the election of Anchorage’s new mayor, Ethan Berkowitz, comes a new administration. All this week during the 6 p.m. Evening News, KTVA be interviewing newly appointed department heads about their plans for the future of Anchorage. Thursday, we were joined by Bill Falsey, the new municipal Attorney for Anchorage, who says his department has […]

  • News

    Kodiak boasts Alaska’s oldest standing building

    by Heather Hintze on Jul 30, 20:02

    High on a grassy knoll in Kodiak, a large white building with green trim sits, almost as if untouched by time. It’s the oldest building still standing in the state of Alaska. It was built by the Russian American Company in 1808, likely as a warehouse for furs, before being sold to the Alaska Commercial […]

  • News

    Anchorage teenagers hit the trails to make a difference

    by Makayla Clark on Jul 30, 20:01

    Over the past few weeks, teenagers involved with Youth Employment in Parks (YEP) have made an old trail in Kincaid Park more accessible. “The goal of the YEP program is to positively engage a new generation of diverse youth leaders with the environment and the Anchorage community through meaningful training, employment, and outdoor recreation,” their […]