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Description

Construction spending is one of the important contributors to overall economic activity in Alaska. It supports firms not only in the construction industry itself, but also construction activity “hidden” in other sectors of the economy such as oil and gas and mining. This is the second year we have prepared a forecast of construction spending, and our categories of spending are not exactly comparable to those last year. Consequently it is not possible to directly compare the forecasts by category between 2004 and 2005. Although we have not conducted a formal year-end review of construction spending in 2004, in the process of collecting information for 2005 we have determined that our projection for 2004 was robust.

Publication Date

4-17-2005

Keywords

economic activity, projections, construction industry, spending

Handle

http://hdl.handle.net/11122/12176

2005 Alaska Construction Spending Forecast

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