Growth stymied.

AuthorManna, Victor
PositionAlaska, University of Washington. Graduate School of Public Affairs report

Growth Stymied.

According to "Northwest Portrait," an economic review and forecast prepared by the U.S. Bank and Northwest Policy Center of the University of Washington Graduate School of Public Affairs, growth in Alaska's mining, fish processing and tourism sectors of the economy are likely to be offset by reductions in public employment in 1990.

The report, which focuses on the Northwest region as a whole and the states of Washington, Oregon, Idaho, Montana and Alaska individually, notes the Alaska economy, with total personal income of $8.6 billion in 1988, is smaller than that of Idaho ($11.2 billion) or Montana ($9.1 billion). Quantifying the dominance of the oil industry in the 49th state, the study notes it is 30 percent larger than earnings of all Alaska manufacturing industries combined.

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