2009 is an estimated 800 jobs less than 2008 August to August. Peaked in 2005 and since then we have seen a large residential building decline while state capital budgets have led to growth in infrastructure construction and oil and gas activities have remained stable.

Inflation in Anchorage has only averaged 2.3% a year over the last decade Alaska's per capita income average has increased 35% since 2000, while inflation has increased 20.4% over the same period. Higher unemployment typically puts downward pressure on wages as more workers compete for jobs. The velocity of money circulating in the economy also slows as total wage earnings are lower and people are more cautious with their spending. Housing prices are down in the nation and flat in Alaska. This is the largest monthly expense for households and the largest input into inflation calculations. These factors lead to lower inflation. This is not to be confused with higher interest rates as borrowing risks increase and artificially low fed funds rates have to climb in the future.