{"id":1178,"date":"2010-11-24T10:31:28","date_gmt":"2010-11-24T19:31:28","guid":{"rendered":"http:\/\/bertstedman.com\/new\/?p=1178"},"modified":"2010-12-06T17:43:42","modified_gmt":"2010-12-07T02:43:42","slug":"good-news-for-alaska-economy","status":"publish","type":"post","link":"http:\/\/bertstedman.com\/new\/?p=1178","title":{"rendered":"Good News for Alaska Economy"},"content":{"rendered":"<p>Alaska received some good economic news this week.\u00a0 Reports by the U.S. Department of Commerce and Moody\u2019s Investors Service show our state\u2019s finances are strong and our economy remains <a href=\"http:\/\/www.bea.gov\/newsreleases\/regional\/gdp_state\/gsp_glance.htm\" target=\"_blank\">ahead<\/a> of many other states.<\/p>\n<p>Moody\u2019s has upgraded Alaska\u2019s <a href=\"http:\/\/www.bloomberg.com\/news\/2010-11-22\/alaska-s-credit-rating-raised-to-aaa-by-moody-s-on-14-billion-reserves.html\" target=\"_blank\">bond rating<\/a> to \u201cAaa\u201d.\u00a0 This is the highest credit rating in Alaska\u2019s history, and a testament to our state\u2019s strong financial management.\u00a0 The legislature has taken the lead, prudently managing state finances by placing over $12 billion into state savings.\u00a0 The higher bond rating will save our state tens of millions of dollars in financing future bond sales including the education construction bond voters\u00a0approved earlier this month.\u00a0\u00a0\u00a0<\/p>\n<p>Also this week, the U.S. Department of Commerce released a <a href=\"http:\/\/www.bea.gov\/newsreleases\/regional\/gdp_state\/2010\/gsp1110.htm\" target=\"_blank\">report<\/a> highlighting the Gross Domestic Product of each state.\u00a0 While the report documented an economic downturn for most states, Alaska\u2019s GDP was shown to have grown during the same period.\u00a0 In 2009, real GDP amongst states declined 2.1%, but Alaska\u2019s GDP grew by 3.5%.\u00a0<\/p>\n<p>This economic growth can be attributed in part to the infrastructure investments the legislature has made to keep Alaskans working and develop our state during the economic downturn.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Alaska received some good economic news this week.\u00a0 Reports by the U.S. Department of Commerce and Moody\u2019s Investors Service show our state\u2019s finances are strong and our economy remains ahead of many other states. Moody\u2019s has upgraded Alaska\u2019s bond rating to \u201cAaa\u201d.\u00a0 This is the highest credit rating in Alaska\u2019s history, and a testament to [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"ngg_post_thumbnail":0,"footnotes":""},"categories":[1],"tags":[7,22,44],"class_list":["post-1178","post","type-post","status-publish","format-standard","hentry","category-news","tag-bert-stedman","tag-budget","tag-finance"],"_links":{"self":[{"href":"http:\/\/bertstedman.com\/new\/index.php?rest_route=\/wp\/v2\/posts\/1178","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/bertstedman.com\/new\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/bertstedman.com\/new\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/bertstedman.com\/new\/index.php?rest_route=\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"http:\/\/bertstedman.com\/new\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1178"}],"version-history":[{"count":7,"href":"http:\/\/bertstedman.com\/new\/index.php?rest_route=\/wp\/v2\/posts\/1178\/revisions"}],"predecessor-version":[{"id":1223,"href":"http:\/\/bertstedman.com\/new\/index.php?rest_route=\/wp\/v2\/posts\/1178\/revisions\/1223"}],"wp:attachment":[{"href":"http:\/\/bertstedman.com\/new\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1178"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/bertstedman.com\/new\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1178"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/bertstedman.com\/new\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1178"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}