Fairbanks Economic Development Corporation
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Economuc Profile

Industrial

Alaska U.S. Average*
Private nonfarm establishments with paid employees, 2001 18,589 26,847
Private nonfarm employment, 2001 214,297 435,367
Private nonfarm employment, percent change 2000-2001 4.6% 0.9%
Nonemployer establishments, 2000 47,691 62,546
Manufacturers shipments, 1997 ($1000) 3,304,952 14,537,530
Retail sales, 1997 ($1000) 6,251,372 9,311,461
Retail sales per capita, 1997 $10,268 $9,190
Minority-owned firms, percent of total, 1997 16.7% 14.6%
Women-owned firms, percent of total, 1997 25.9% 26.0%
Housing units authorized by building permits, 2002 30,031 6,613
Federal funds and grants, 2002 ($1000) 7,561,711 7,193,911

* Our estimate of the average takes into account number of people living in Alaska in comparison to other states. It is calculated by an average business indicator per capita multiplied by number of people.

Source: FEDC calculations based on US Census Bureau, 2002 http://www.census.gov/

 

 

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