Alaska Trends for July 2005 sponsored by American Fast Freight.

ALASKA TRENDS FOR JULY 2005

Indicator                                  Units          Period

GENERAL
Personal Income--Alaska               Millions of $       4thQ04
Personal Income--United States        Billions of $       4thQ04
                                             (SAAR)
Consumer Prices--Anchorage          1982-1984 = 100         2H04
Consumer Prices--United States      1982-1984 = 100         2H04
Bankruptcies
  Alaska Total                         Number Filed        March
  Alaska Business Only                 Number Filed        March
  Anchorage Total                      Number Filed        March
  Anchorage Business Only              Number Filed        March
  Fairbanks Total                      Number Filed        March
  Fairbanks Business Only              Number Filed        March

EMPLOYMENT
Alaska                                    Thousands        March
Anchorage                                 Thousands        March
Fairbanks                                 Thousands        March
Southeast                                 Thousands        March
Gulf Coast                                Thousands        March
Sectoral Distribution--Alaska
Total Nonfarm Wage & Salary               Thousands     February
  Goods-Producing                         Thousands     February
  Service-Providing                       Thousands     February
  Natural Resources & Mining              Thousands     February
  Logging                                 Thousands     February
  Mining                                  Thousands     February
  Oil & Gas Extraction                    Thousands     February
  Construction                            Thousands     February
  Manufacturing                           Thousands     February
  Wood Products Manufacturing             Thousands     February
  Seafood Processing                      Thousands     February
  Trade/Transportation/Utilities          Thousands     February
  Wholesale Trade                         Thousands     February
  Retail Trade                            Thousands     February
    Food & Beverage Stores                Thousands     February
    General Merchandise Stores            Thousands     February
  Trans/Warehouse/Utilities               Thousands     February
    Air Transportation                    Thousands     February
    Truck Transportation                  Thousands     February
  Information                             Thousands     February
    Telecommunications                    Thousands     February
  Financial Activities                    Thousands     February
  Professional & Business Svcs            Thousands     February
  Educational & Health Services           Thousands     February
  Health Care                             Thousands     February
Leisure & Hospitality                     Thousands     February
  Accommodation                           Thousands     February
  Food Svcs. & Drinking Places            Thousands     February
  Other Services                          Thousands     February
Government                                Thousands     February
  Federal Government                      Thousands     February
  State Government                        Thousands     February
  State Education                         Thousands     February
  Local Government                        Thousands     February
  Local Education                         Thousands     February
  Tribal Government                       Thousands     February
Labor Force
  Alaska                                  Thousands        March
  Anchorage                               Thousands        March
  Fairbanks                               Thousands        March
  Southeast                               Thousands        March
  Gulf Coast                              Thousands        March

Unemployment Rate
  Alaska                                    Percent        March
  Anchorage                                 Percent        March
  Fairbanks                                 Percent        March
  Southeast                                 Percent        March
  Gulf Coast                                Percent        March
  United States                             Percent        March

PETROLEUM/MINING
Crude Oil Production-Alaska             Millions of     February
                                            Barrels
Natural Gas Field Production--          Billions of
  Alaska                                  Cubic Ft.     February
North Slope Spot Price (Gulf)          $ per Barrel    5/25/2005
Hughes Rig Count
  Alaska                                Active Rigs        March
  United States                         Active Rigs        March
Gold Prices                          $ Per Troy Oz.    5/25/2005
Silver Prices                        $ Per Troy Oz.    5/25/2005
Zinc Prices                               Per Pound    5/25/2005

REAL ESTATE
Anchorage Building Permit Valuations
  Total                               Millions of $        April
  Residential                         Millions of $        April
  Commercial                          Millions of $        April
Deeds of Trust Recorded
  Anchorage--Recording District         Total Deeds     February
  Fairbanks--Recording District         Total Deeds      January
  Palmer--Recording District            Total Deeds      October
  Juneau--Recording District            Total Deeds     November

VISITORY INDUSTRY
Total Air Passenger Traffic--
  Anchorage                               Thousands      January
Total Air Passenger Traffic--
  Fairbanks                               Thousands      January

ALASKA PERMANENT FUND
Equity                                Millions of $        April
Assets                                Millions of $        April
Net Income                            Millions of $        April
Net Income--Year to Date              Millions of $        April
Marketable Debt Securities            Millions of $        April
Real Estate Investments               Millions of $        April
Preferred and Common Stock            Millions of $        April

TRANSPORTATION
Total Port Activity--Anchorage    Thousands of Tons     November
  General Cargo                   Thousands of Tons     November
  Petroleum                       Thousands of Tons     November
Rail Freight--Alaska Railroad     Thousands of Tons     November

BANKING (excludes interstate branches)
Total Bank Assets--Alaska             Millions of $       4thQ04
  Cash & Balances Due                 Millions of $       4thQ04
  Securities                          Millions of $       4thQ04
  Net Loans and Leases                Millions of $       4thQ04
  Other Real Estate Owned             Millions of $       4thQ04
Total Liabilities                     Millions of $       4thQ04
  Total Bank Deposits--Alaska         Millions of $       4thQ04
  Noninterest-bearing deposits        Millions of $       4thQ04
  Interest-bearing deposits           Millions of $       4thQ04

FOREIGN TRADE
Value of the Dollar
  In Japanese Yen                               Yen    5/25/2005
  In Canadian Dollars                    Canadian $    5/25/2005
  In British Pounds                          Pounds    5/25/2005
  In European Monetary Union                   Euro    5/25/2005

                                                        Previous
                                             Latest      Report
                                             Report      Period
Indicator                                    Period     (revised)

GENERAL
Personal Income--Alaska                      23,109       22,639
Personal Income--United States               52,878        1,920

Consumer Prices--Anchorage                    167.8        165.6
Consumer Prices--United States                190.2        187.6
Bankruptcies
  Alaska Total                                  146           98
  Alaska Business Only                            4            3
  Anchorage Total                               107           68
  Anchorage Business Only                         2            1
  Fairbanks Total                                22           14
  Fairbanks Business Only                         2            0

EMPLOYMENT
Alaska                                      308.216      305.313
Anchorage                                   146.121      145.289
Fairbanks                                    39.641       38.935
Southeast                                    31.755       30.943
Gulf Coast                                   29.226       28.744
Sectoral Distribution--Alaska
Total Nonfarm Wage & Salary                   291.5        288.5
  Goods-Producing                              35.8         34.6
  Service-Providing                           255.7        253.9
  Natural Resources & Mining                   10.1          9.8
  Logging                                       0.3          0.2
  Mining                                        9.8          9.6
  Oil & Gas Extraction                          8.3          8.2
  Construction                                 14.3         14.3
  Manufacturing                                11.4         10.5
  Wood Products Manufacturing                   0.3          0.3
  Seafood Processing                            8.1          7.1
  Trade/Transportation/Utilities               58.1         58.6
  Wholesale Trade                               5.9          5.9
  Retail Trade                                 33.3         33.6
    Food & Beverage Stores                      5.8          5.6
    General Merchandise Stores                  8.9          9.1
  Trans/Warehouse/Utilities                    18.9         19.1
    Air Transportation                          5.9            6
    Truck Transportation                        2.8          2.8
  Information                                   6.7          6.7
    Telecommunications                          4.1          4.1
  Financial Activities                         14.3         14.3
  Professional & Business Svcs                 22.1           22
  Educational & Health Services                35.2         34.8
  Health Care                                  25.1         24.9
Leisure & Hospitality                          25.9         25.7
  Accommodation                                   6          5.9
  Food Svcs. & Drinking Places                 16.6         16.7
  Other Services                               11.2         11.1
Government                                     82.2         80.7
  Federal Government                           16.4         16.4
  State Government                             24.3         23.8
  State Education                               7.9          7.7
  Local Government                             41.5         40.5
  Local Education                                24         23.2
  Tribal Government                             3.9          3.9
Labor Force
  Alaska                                     332.91      333.102
  Anchorage                                 154.372      154.423
  Fairbanks                                  42.462       42.162
  Southeast                                  34.902       34.693
  Gulf Coast                                 32.693       32.691

Unemployment Rate
  Alaska                                        7.4          8.3
  Anchorage                                     5.3          5.9
  Fairbanks                                     6.6          7.7
  Southeast                                       9         10.8
  Gulf Coast                                   10.6           12
  United States                                 5.2          5.4

PETROLEUM/MINING
Crude Oil Production--Alaska                 25.674       28,461

Natural Gas Field Production--
  Alaska                                     17.115       19.663
North Slope Spot Price (Gulf)                 47.93        51.26
Hughes Rig Count
  Alaska                                         10           12
  United States                                1331         1281
Gold Prices                                   418.9        434.1
Silver Prices                                  7.14         7.25
Zinc Prices                                   0.569        0.584

REAL ESTATE
Anchorage Building Permit Valuations
  Total                                      74.687       52.756
  Residential                                30.369       24.171
  Commercial                                 44.318       28.585
Deeds of Trust Recorded
  Anchorage--Recording District                1093         1036
  Fairbanks--Recording District                 248          299
  Palmer--Recording District                    611          685
  Juneau--Recording District                    132          181

VISITORY INDUSTRY
Total Air Passenger Traffic--
  Anchorage                                   329.2      375.007
Total Air Passenger Traffic--
  Fairbanks                                  61.971       73.119

ALASKA PERMANENT FUND
Equity                                    29,457.00    29,683.90
Assets                                    30,978.90    31,029.20
Net Income                                    131.5        168.5
Net Income--Year to Date                     -273.7       -410.4
Marketable Debt Securities                 8,911.70     8,805.70
Real Estate Investments                    2,363.60     2,297.30
Preferred and Common Stock                16,932.20    17,394.10

TRANSPORTATION
Total Port Activity--Anchorage              318.533      311.432
  General Cargo                             158.832      181.007
  Petroleum                                 159.701      130.425
Rail Freight--Alaska Railroad               420.583      920.182

BANKING (excludes interstate branches)
Total Bank Assets--Alaska                  3,892.81     3,979.82
  Cash & Balances Due                        101.72          128
  Securities                                  68.17           76
  Net Loans and Leases                     2,252.79     2,200.80
  Other Real Estate Owned                      5.27        4.919
Total Liabilities                          3,278.29     3,364.07
  Total Bank Deposits--Alaska              2,936.63     2,988.12
  Noninterest-bearing deposits               931.42       975.91
  Interest-bearing deposits                2,005.21     2,012.21

FOREIGN TRADE
Value of the Dollar
  In Japanese Yen                            107.73       105.67
  In Canadian Dollars                         1.264        1.237
  In British Pounds                          0.5461       0.5231
  In European Monetary Union                 0.7935       0.7702

                                                           Year
                                              Year         Over
                                              Ago          Year
Indicator                                   Period        Change

GENERAL
Personal Income--Alaska                      21,662        6.68%
Personal Income--United States               16,167        6.72%

Consumer Prices--Anchorage                    163.9        2.38%
Consumer Prices--United States                184.6        3.03%
Bankruptcies
  Alaska Total                                  131       11.45%
  Alaska Business Only                            5      -20.00%
  Anchorage Total                                99        8.08%
  Anchorage Business Only                         2        0.00%
  Fairbanks Total                                18       22.22%
  Fairbanks Business Only                         0

EMPLOYMENT
Alaska                                      300.546        2.55%
Anchorage                                   142.213        2.75%
Fairbanks                                    37.674        5.22%
Southeast                                    31.915       -0.50%
Gulf Coast                                   28.309        3.24%
Sectoral Distribution--Alaska
Total Nonfarm Wage & Salary                  286.70        1.67%
  Goods-Producing                             35.00        2.29%
  Service-Providing                          251.70        1.59%
  Natural Resources & Mining                   9.30        4.12%
  Logging                                      0.30        0.00%
  Mining                                       9.40        4.26%
  Oil & Gas Extraction                         8.10        2.47%
  Construction                                13.80        3.62%
  Manufacturing                               11.50       -0.87%
  Wood Products Manufacturing                  0.30        0.00%
  Seafood Processing                           8.10        0.00%
  Trade/Transportation/Utilities              57.00        1.93%
  Wholesale Trade                              6.00       -1.67%
  Retail Trade                                32.20        3.42%
    Food & Beverage Stores                     5.70        1.75%
    General Merchandise Stores                 8.40        5.95%
  Trans/Warehouse/Utilities                   18.80        0.53%
    Air Transportation                         6.10       -3.28%
    Truck Transportation                       2.80        0.00%
  Information                                  6.80       -1.47%
    Telecommunications                         4.00        2.50%
  Financial Activities                        14.00        2.14%
  Professional & Business Svcs                21.80        1.38%
  Educational & Health Services               34.20        2.92%
  Health Care                                 24.20        3.72%
Leisure & Hospitality                         25.30        2.37%
  Accommodation                                5.80        3.45%
  Food Svcs. & Drinking Places                16.10        3.11%
  Other Services                              10.80        3.70%
Government                                    81.80        0.49%
  Federal Government                          16.50       -0.61%
  State Government                            24.20        0.41%
  State Education                              7.80        1.28%
  Local Government                            41.10        0.97%
  Local Education                             23.80        0.84%
  Tribal Government                            3.70        5.41%
Labor Force
  Alaska                                    329.048        1.17%
  Anchorage                                 151.839        1.67%
  Fairbanks                                  41.001        3.56%
  Southeast                                  35.544       -1.81%
  Gulf Coast                                 32.351        1.06%

Unemployment Rate
  Alaska                                        8.7      -14.94%
  Anchorage                                     6.3      -15.87%
  Fairbanks                                     8.1      -18.52%
  Southeast                                    10.2      -11.76%
  Gulf Coast                                   12.5      -15.20%
  United States                                 5.7       -8.77%

PETROLEUM/MINING
Crude Oil Production--Alaska                 27.069       -5.15%

Natural Gas Field Production--
  Alaska                                     17.355       -1.38%
North Slope Spot Price (Gulf)                 38.93       23.12%
Hughes Rig Count
  Alaska                                         12      -16.67%
  United States                                1150       15.74%
Gold Prices                                   395.1        6.02%
Silver Prices                                  6.14       16.29%
Zinc Prices                                   0.498       14.31%

REAL ESTATE
Anchorage Building Permit Valuations
  Total                                      61.072       22.29%
  Residential                                31.529       -3.68%
  Commercial                                 29.543       50.01%
Deeds of Trust Recorded
  Anchorage--Recording District                1085        0.74%
  Fairbanks--Recording District                 244        1.64%
  Palmer--Recording District                    632       -3.32%
  Juneau--Recording District                     na

VISITORY INDUSTRY
Total Air Passenger Traffic--
  Anchorage                                  308.39        6.75%
Total Air Passenger Traffic--
  Fairbanks                                   59.19        4.70%

ALASKA PERMANENT FUND
Equity                                     27,312.3        7.85%
Assets                                     28,657.8        8.10%
Net Income                                    162.9      -19.28%
Net Income--Year to Date                     -771.8      -64.54%
Marketable Debt Securities                  9,188.1       -3.01%
Real Estate Investments                     2,070.8       14.14%
Preferred and Common Stock                 15,384.0       10.06%

TRANSPORTATION
Total Port Activity--Anchorage               257.21       23.84%
  General Cargo                              165.03       -3.76%
  Petroleum                                   92.17       73.26%
Rail Freight--Alaska Railroad                   391        7.48%

BANKING (excludes interstate branches)
Total Bank Assets--Alaska                  3,868.16        0.64%
  Cash & Balances Due                        156.17      -34.86%
  Securities                                  92.66      -26.43%
  Net Loans and Leases                     2,068.43        8.91%
  Other Real Estate Owned                      1.90      177.66%
Total Liabilities                          3,251.61        0.82%
  Total Bank Deposits--Alaska              2,896.38        1.39%
  Noninterest-bearing deposits               877.45        6.15%
  Interest-bearing deposits                2,018.94       -0.68%

FOREIGN TRADE
Value of the Dollar
  In Japanese Yen                            112.21       -3.99%
  In Canadian Dollars                         1.376       -8.16%
  In British Pounds                          0.5514       -0.96%
  In European Monetary Union                 0.8260       -3.93%

Data compiled by University of Alaska Center for Economic Development.