Survey: Alaskans’ economic confidence rises

But they’re still pessimistic about the future

Alaskans are feeling more optimism about the state’s economy, according to the results of a new survey conducted on behalf of the Alaska Department of Commerce and Economic Development.

The new edition of the quarterly Alaska Confidence Index report showed a rise of 5 points between the first and second quarters of 2018. The index now stands at 57.

Scores above 50 points represent relative confidence, while scores below 50 represent a lack of confidence.

Since 2014, the index reached a high point above 60 points in the third quarter of 2014; it bottomed out below 50 in the first and second quarters of 2016. The index is compiled by Northern Economics Inc. using data collected by the Alaska Survey, a quarterly sample of 1,000 Alaska Households taken by Alaska Survey Research (formerly Ivan Moore Research) since 2010.

Details of the index show Alaskans are very confident about their personal finances, but they’re much less confident about their local economy and the state economy. The survey showed Alaskans’ confidence about their personal situation merited a score of 67, into what the index labels “blue sky” territory.

Their confidence about the local economy averaged a 54, and their confidence about the state economy was only 51.

Alaskans were generally more pessimistic about the future; their confidence scores for the future of their personal finances, local finances and the state economy were all lower than their confidence about the present state of those things.


• Contact reporter James Brooks at jbrooks@juneauempire.com or 523-2258.


More in News

A Princess Cruise Line ship is docked in Juneau on Aug. 25, 2021. (Michael Lockett / Juneau Empire File)
Ships in Port for the week of Oct. 2

Here’s what to expect this week.

Screenshot / Alaska Public Media’s YouTube channel 
Bob Bird, left, chairman of the Alaskan Independence Party, and former Lt. Gov. Loren Leman make the case in favor of a state constitutional convention during a debate in Anchorage broadcast Thursday by Alaska Public Media.
Constitutional convention debate gets heated

Abortion, PFD factor into forum.

Clarise Larson / Juneau Empire
Faith Rogers’ loved ones, from left to right, James Rogers (father), Michelle Rogers (sister), Harmony Wentz (daughter), Maria Rogers (mother) and Mindy Voigt (friend) sit with Faith’s three dogs in their family home. Faith Rogers, 55, of Juneau was found dead along a popular trail on Wednesday, Sept. 21. Police are investigating the death as a homicide.
‘It’s shocking’: Family hopes for answers after suspicious death of loved one

“She wanted to make things beautiful, to help make people beautiful…”

People work together to raise the Xa’Kooch story pole, which commemorates the Battle of the Inian Islands. (Shaelene Grace Moler / For the Capital City Weekly)
Resilient Peoples & Place: The Xa’Kooch story pole — one step toward a journey of healing

“This pole is for the Chookaneidi, but here among us, many clans are represented…”

A bracket fungus exudes guttation drops and a small fly appears to sip one of them.( Courtesy Photo / Bob Armstrong)
On the Trails: Water drops on plants

Guttation drops contain not only water but also sugars, proteins, and probably minerals.

A chart shows what critics claim is poor financial performance by the Alaska Industrial Development and Export Authority, especially in subsidizing private industry projects intended to boost the state’s economy, during its 55-year existence. The chart is part of a report released Tuesday criticizing the agency. (MB Barker/LLC Erickson & Associates/EcoSystems LLC)
AIDEA’s fiscal performance fishy, critics say

Report presented by salmon industry advocates asserts state business subsidy agency cost public $10B

Police vehicles gather Wednesday evening near Kaxdigoowu Héen Dei, also known as ]]Brotherhood Bridge Trail, while investigating a homicide. (Ben Hohenstatt / Juneau Empire)
Police: Woman was walking dogs when she was killed

JPD said officers are working “around the clock” on the criminal investigation.

Most Read