The estimated value of construction spending in Alaska in 2013 will be about $8.4 billion, up 8% from spending in 2012. That’s according to the 2013 Alaska Construction Spending Forecast, prepared by Scott Goldsmith and Mouhcine Guettabi of ISER for the Associated General Contractors of Alaska. More spending in the oil and gas sector will account for most of the growth. Also adding to expected growth in the coming year are a large state capital budget for fiscal year 2013 and $453 million in general obligation bonds voters approved for transportation projects in the November 2012 election.
Download the forecast (PDF, 971.4KB)