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flag Anchorage's economy expected to recover to pre-pandemic levels in 2025, but faces housing and demographic challenges.

flag Anchorage's economy is forecast to recover to pre-pandemic levels in 2025, with job growth and increased incomes, according to the Anchorage Economic Development Corporation. flag Despite these improvements, the city faces significant challenges such as a housing shortage, rising housing costs, and a declining working-age population, which could hinder further growth. flag The report highlights the need for more housing to combat outmigration and homelessness, aiming to build 10,000 homes over the next decade. flag Key sectors like construction, healthcare, and oil are expected to lead job growth.

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