Are you in the search of warehouse spaces for rent in Alaska? Explore the listings above and use our custom search features to discover the best spaces.Alaska, the northernmost state in the United States, is a major player when it comes to industries and the economy. Its labor force, GDP, economic trends, and other data show that the state is a significant contributor to the US economy.
The primary industries in Alaska are oil and gas, fishing, forestry, and tourism. Oil and gas make up the largest portion of Alaska's industries, accounting for almost 45% of the state's annual GDP. Fishing, forestry, and tourism also contribute significantly to the state's economy. In the fishing sector, Alaska is the second-largest producer of seafood in the US, with over 70% of the US seafood supply coming from Alaska's waters. Forestry is also a major industry, with over one-third of the state's land area being covered in forest. Tourism is yet another major industry that brings in billions of dollars in revenue to the state each year.
Alaska in terms of labor force, employed over 356,400 in the state in 2022.(https://www.bls.gov/regions/west/alaska.htm#eag)
The largest industries in terms of employment were oil and gas, government, and retail trade. Alaska has seen a steady increase in employment numbers over the past few years, with the unemployment rate dropping to 6.1% in 2020 and to 4.2% in 2022. (https://live.laborstats.alaska.gov/labforce/index.html)
The economic trends in Alaska are stagnant , with the state's GDP decreasing -0.65% per year since 2016. (https://www.deptofnumbers.com/gdp/alaska/)
. However the state keeps growing the oil and gas industry and in tourism as well. In addition, Alaska has seen an increase in exports, with the total value of exports increasing from $3.9 billion in 2017 to $4.3 billion in 2019.
Alaska is ranked 6th in the US for GDP per capita, with an average of $69,430 per person in 2021 (https://www.statista.com/statistics/248063/per-capita-us-real-gross-domestic-product-gdp-by-state/)
This figure is higher than the national average and is driven mainly by the oil and gas industry. In terms of total GDP, Alaska is ranked 48th in the US, with a total GDP of $54.9 billion in 2021. (https://www.deptofnumbers.com/gdp/alaska/)
Overall, Alaska has a large and diverse economy, with the oil and gas industry being the main contributor to the state's GDP. The state has seen steady economic growth over the past few years and is ranked 6th in the US for GDP per capita.