2022 Northrim Community Summit Video and Presentation

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Alaska Economic Update

About Alaskanomics

Northrim Bank launched the Alaskanomics blog to provide news, analysis and commentary on Alaska’s economy. With contributions from economists, business leaders, policy makers and everyday Alaskans, Alaskanomics aims to engage readers in an ongoing conversation about our economy, now and in the future.

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Friday, April 29, 2022

2022 Northrim Community Summit Video and Presentation

By Mark Edwards, EVP - Chief Credit Officer & Bank Economist

The Alaska economy showed broad improvements in 2021 and the first quarter of 2022 as it rebounded from the pandemic lows of 2020. A steady recovery of jobs in nearly every sector resulted from improved tourism, rising oil prices, a strong housing market and consumer liquidity from government stimulus programs. We believe that the potential effects of rising interest rates, high inflation, and supply chain disruptions are the most pressing issues facing the economy in 2022.

2022 Community Summit PowerPoint Presentation (Spring 2022)