Construction up in 2018 due to petroleum activity
ISER forecasts higher capital budgets in Alaska this year with 15% increase in oil & gas spending; without o&g likely would be down 2%
Construction spending in Alaska in 2018 will likely be around $6.6 billion, up 4 percent from 2017. That increase is largely due to a recovery in spending by the petroleum industry, where investment is expected to be up about 15 percent to nearly $2.6 billion, per the newly released construction for....
[additional news subjects in this story]
Petroleum spend at $2.6 billion
Spending down in Cook Inlet basin
Doyon, Ahtna gas mentioned
Utilities spend at $539 million
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