Each year Southeast Conference conducts a regional business climate survey in order to track Southeast Alaska business confidence. Here are some top findings:
Best Business Climate Ever: Nearly two-thirds (65%) of regional business leaders currently have a positive view of the Southeast Alaska business climate, the highest positivity rating since recording began in 2010.
Outlook is also Strong: 42% of regional business leaders say that their business or sector is on track for continued growth over the next year, making this the 2nd most positive outlook recorded.
Businesses are Hiring: 30% of regional businesses are in a hiring mode and expect to add employees over the next twelve months.
Housing and Childcare Shortages Create Workforce Shortages: Business leaders identified housing and childcare shortages as key culprits in workforce turnover, or workers not able to take job offers in the first place. “The biggest limitation to business growth is housing for employees.” Key factors resulting in attracting workers and long-term workforce retention include access to recreation, and staff originally from Alaska.