Economy

Soldotna City Council members and Soldotna Planning and Zoning commissioners meet for a joint work session on Wednesday, March 8, 2023, in Soldotna, Alaska. (Ashlyn O’Hara/Peninsula Clarion)

Soldotna considers new commercial zoning district for downtown corridor

The zone would prioritize walkability, ‘visually pleasing’ aesthetics

 

Alaska Association of Realtors President Dale Bagely presents a regional real estate update during the Kenai Peninsula Economic Development District’s 2022 Industry Outlook Forum on Thursday, Jan. 6, 2021, in Kenai, Alaska. (Ashlyn O’Hara/Peninsula Clarion)

KPEDD forum to offer overview of peninsula economic projects

The all-day forum will feature panels on topics including mariculture, oil and gas, food sustainability, tourism and broadband

 

A sign welcomes employees and visitors at the Kenai Peninsula Borough administration building on Tuesday, March 17, 2020, in Soldotna, Alaska. (Photo by Victoria Petersen/Peninsula Clarion)

Cyber Monday sales taxes to boost local government budgets

The ability of taxing entities to collect sales tax from online, or e-commerce, sellers is a new phenomenon

 

Graphic by Ashlyn O'Hara.

State minimum wage to increase $0.51 in January

The federal minimum wage has not increased since 2009

Graphic by Ashlyn O'Hara.
KPEDD Executive Director Tim Dillon sits in his office on Thursday, Sept. 30, 2021 north of Kenai, Alaska. (Ashlyn O’Hara/Peninsula Clarion)

KPEDD urges participation in federal broadband survey

The Kenai Peninsula Economic Development District is asking for people on the Kenai Peninsula to help the federal government figure out how fast internet service… Continue reading

KPEDD Executive Director Tim Dillon sits in his office on Thursday, Sept. 30, 2021 north of Kenai, Alaska. (Ashlyn O’Hara/Peninsula Clarion)
Signs warn Fred Meyer customers to prepay if they thing they may go over limits while pumping gas on Friday, March 11, 2022 in Soldotna, Alaska. (Ashlyn O’Hara/Peninsula Clarion)

Analysis: Inflation is up in Alaska

Alaska’s 2021 average inflation rate was the largest annual price increase since 1990

Signs warn Fred Meyer customers to prepay if they thing they may go over limits while pumping gas on Friday, March 11, 2022 in Soldotna, Alaska. (Ashlyn O’Hara/Peninsula Clarion)
Gov. Mike Dunleavy signs Alaska’s fiscal year 2023 operating and capital budgets into law on Tuesday, June 28, 2022, in Anchorage, Alaska. (Photo courtesy Gov. Mike Dunleavy’s office)

Dunleavy signs budget

$3,200 in payments to Alaskans, money for local projects included

Gov. Mike Dunleavy signs Alaska’s fiscal year 2023 operating and capital budgets into law on Tuesday, June 28, 2022, in Anchorage, Alaska. (Photo courtesy Gov. Mike Dunleavy’s office)
Kenai City Manager Paul Ostrander (left) and Kenai Finance Director Terry Eubank (right) moderate a city council work session discussing budget goals at Kenai City Hall on Monday, Jan. 10, 2021 in Kenai, Alaska. (Ashlyn O'Hara/Peninsula Clarion)

Kenai developing budget goals

Officials aim to provide more transparency in the budget process

Kenai City Manager Paul Ostrander (left) and Kenai Finance Director Terry Eubank (right) moderate a city council work session discussing budget goals at Kenai City Hall on Monday, Jan. 10, 2021 in Kenai, Alaska. (Ashlyn O'Hara/Peninsula Clarion)
Alaska Association of Realtors President Dale Bagely presents a regional real estate update during the Kenai Peninsula Economic Development District’s 2022 Industry Outlook Forum on Thursday, Jan. 6, 2021 in Kenai, Alaska. (Ashlyn O’Hara/Peninsula Clarion)

Forum brings industry leaders to Kenai

The annual event is hosted by the Kenai Peninsula Economic Development District

Alaska Association of Realtors President Dale Bagely presents a regional real estate update during the Kenai Peninsula Economic Development District’s 2022 Industry Outlook Forum on Thursday, Jan. 6, 2021 in Kenai, Alaska. (Ashlyn O’Hara/Peninsula Clarion)
Image via labor.alaska.gov

Uncertainty clouds future of state’s economy; modest job growth expected

That’s according to the January edition of “Alaska Economic Trends”

Image via labor.alaska.gov
KPEDD Executive Director Tim Dillon sits in his office on Thursday, Sept. 30, 2021 north of Kenai, Alaska. (Ashlyn O’Hara/Peninsula Clarion)

Industry outlook forum kicks off next week

The annual forum is put on by the Kenai Peninsula Economic Development District

KPEDD Executive Director Tim Dillon sits in his office on Thursday, Sept. 30, 2021 north of Kenai, Alaska. (Ashlyn O’Hara/Peninsula Clarion)
A sign advertising job openings is seen at the Soldotna Post Office on June 27, 2021 in Soldotna, Alaska. (Clarion file)

Region sees some economic recovery; job numbers still lag overall

The Kenai Peninsula reported 500 more jobs in November 2021 compared to November 2020.

A sign advertising job openings is seen at the Soldotna Post Office on June 27, 2021 in Soldotna, Alaska. (Clarion file)
A graphic published in the October 2021 edition of Trends, published by the Alaska Department of Labor and Workforce Development, shows how women’s shares of the workforce and wages in Alaska varied by area in 2019. (Image via labor.alaska.gov)

Report: Alaska women’s pay lags

On average, women earned about 72% of what men earned in Alaska in 2019.

A graphic published in the October 2021 edition of Trends, published by the Alaska Department of Labor and Workforce Development, shows how women’s shares of the workforce and wages in Alaska varied by area in 2019. (Image via labor.alaska.gov)
KPEDD Executive Director Tim Dillon sits in his office on Thursday, Sept. 30, 2021 north of Kenai, Alaska. (Ashlyn O’Hara/Peninsula Clarion)

Building opportunity from the ground up

Development district works with local operations to hone goals, find funding.

KPEDD Executive Director Tim Dillon sits in his office on Thursday, Sept. 30, 2021 north of Kenai, Alaska. (Ashlyn O’Hara/Peninsula Clarion)
(Black Press file photo)

Peninsula rental rates some of state’s lowest

The median rent payment on the Kenai Peninsula Borough was about $1,009 in 2020 and about $1,023 in 2021

(Black Press file photo)
Peter Segall / Juneau Empire File Coeur Alaska will likely be able to expand their facilities at the Kensington Gold Mine including the tailing treatment facility, seen in this October 2019 photo, after the U.S. Forest Service announced it intends to approve the company’s proposal to extend the mine’s life by 10 years. Operations were expected to end in 2023 under a plan approved in 2005.

Forest Service set to approve Kensington expansion

Objections period is open.

Peter Segall / Juneau Empire File Coeur Alaska will likely be able to expand their facilities at the Kensington Gold Mine including the tailing treatment facility, seen in this October 2019 photo, after the U.S. Forest Service announced it intends to approve the company’s proposal to extend the mine’s life by 10 years. Operations were expected to end in 2023 under a plan approved in 2005.
Myrna Gardner, tribal partnership specialist for the U.S. Census Bureau, said Alaska’s low census response rate is costing the state millions every year during a presentation at Southeast Housing Summit, Thursday, March 14, 2019. *Ben Hohenstatt | Juneau Empire)

Low census response loses Alaska billions of dollars

Money left on the table.

Myrna Gardner, tribal partnership specialist for the U.S. Census Bureau, said Alaska’s low census response rate is costing the state millions every year during a presentation at Southeast Housing Summit, Thursday, March 14, 2019. *Ben Hohenstatt | Juneau Empire)
Voices of the Peninsula: Job losses are personal. I should know.

Voices of the Peninsula: Job losses are personal. I should know.

I’m preparing to tell you something very personal and intensely painful.

Voices of the Peninsula: Job losses are personal. I should know.

Soldotna Rotary spearheads economic survey

The Soldotna Rotary Club is leading a new attempt to tackle economic questions with an assessment meant to match the interests of communities with types… Continue reading