The Anchorage Economic Development Corporation releases a new COVID business impact survey and the President/CEO says it indicates a long economic winter if more federal financial aid isn't made available.
As many Anchorage businesses fight to stay afloat, others have stopped serving customers altogether. Of the latter group, some have closed their doors so that they might hopefully reopen in the future.
Folks on unemployment have gotten extra financial padding in the form of an additional $600 a week from the CARES act. With those benefits about to run out, the Food Bank of Alaska is trying to keep food on the table for those who need help.
One of the things Alaska is most known for is its beautiful scenery. hHundreds of people take advantage of that beauty and use it as a backdrop for their weddings. However, it seems as though COVID-19 has brought that to a halt-- for now.
With the economy taking big hits in a majority of sectors the real estate market has actually been strong. Two major reasons for that here in Alaska seem to be low inventory and even lower interest rates according to industry insiders.