2014 Alaska's Construction Spending Forecast

Abstract

The Construction Industry Progress Fund (CIPF) and the Associated General Contractors (AGC) of Alaska are pleased to have produced another edition of “Alaska’s Construction Spending Forecast.” Underwritten by Northrim Bank, compiled and written by Scott Goldsmith, Mary Killorin and Linda Leask of the University of Alaska’s Institute of Social and Economic Research (ISER), the “Forecast” reviews construction activity, projects and spending by both the private and public sectors for the year ahead. The construction trade is Alaska’s third largest industry, paying the second highest wages, employing nearly 16,000 workers with a payroll over $1 billion. It accounts for 20 percent of Alaska’s total economy and currently contributes approximately $9 billion to the state’s economy. The construction industry reflects the pulse of the economy. When it is vigorous, so is the state’s economy. Both CIPF and AGC are proud to make this publication available annually and hope it provides useful information for you. AGC is a non-profit, full service construction association for commercial and industrial contractors, subcontractors and associates. CIPF is organized to advance the interests of the construction industry throughout the state of Alaska through a management and labor partnership