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Econ 919 — How the Kenai Peninsula Works
Fridays

Weekly economic report for the Kenai Peninsula from the KDLL News Team

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  • This week is the Kenai Silver Salmon Derby, an annual fishing event that aims to harm less fish than traditional derbies. While the event spreads awareness about sustainable fishing practices, it also helps to fund projects that benefit salmon habitat.
  • In what used to be a Chinese restaurant in Kenai is The Glaze, a newly-opened donut shop that sells an assortment of breakfast goodies. The restaurant has been a dream of the family-owned business for years.
  • The Kenai Peninsula Peace Crane Garden Trails has been a work in progress since 2018. The nonprofit behind the Soldotna trail system recently shared updates on the Japanese-inspired garden.
  • Martha's Cocina is Kenai's newest Mexican restaurant. The eatery is home to a number of Latin American favorites, in addition to daily menu specials and numerous tequila options.
  • Kara Moriarty is the association’s president and chief executive officer. She said oil and gas production is up from where it was expected to be at this time ten years ago.
  • While Salmonfest is known for its live music, it serves as a prime opportunity for Alaska-based artisans to sell their goods. For some small businesses, the festival is imperative to their overall success.
  • The U.S. Economic Development Administration announced on Thursday that it was awarding a $3.1 million grant to the Chugach Regional Resources Commission to help boost mariculture workforce development on the Kenai Peninsula.
  • The city estimated the exemption would have saved the average resident $25 per year and cost the city about $15,000 in lost tax revenue.
  • Ang & Jess serves as the region’s newest clothing boutique. The store sells an assortment of women’s products, from dresses and jeans to jewelry and bath works.
  • The two companies on Wednesday published a list of almost 600 stores they plan to divest, including 18 in Alaska.