Browsing Reports by Subject "2005-2030"
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Economic Projections for Alaska and the Southern Railbelt to 2030For the foreseeable future, the Alaska export base will continue to be dominated by commodity-producing industries combined with tourism, national defense, and the movement of international freight. Relatively high labor costs, sparse and expensive infrastructure, small market size, and distance from markets will continue to act as barriers to the development of significant processing as well as manufacturing and services for export. Petroleum, mining, tourism, and international freight hold the most potential for employment growth. Growth of the timber and seafood industries may result from more intensive exploitation of the resource base, together with the expansion of value-added processing.