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City Sees Increase in Business Licenses

By Garrett Turner, Reporter/Anchor, gturner@ktuu.com
Published On: Feb 24 2014 07:17:00 AM AKST

There has been an increase in business licenses purchased in Anchorage.  Check out where the new hot spots are and what their niche is. 

ANCHORAGE -

Since 2011, the amount of business licenses purchased in Anchorage has more than doubled.

From 2012 to 2013, there has been a 70 percent increase in the acquisition of business licenses.

Kathryn Fagerstrom, the program coordinator for the state's Division of Cooperations, calls the rise a "significant leap."

"This is a clear indicator of the economy in Anchorage is strong and growing," Fagerstrom said.

Data provided by Fagerstrom, breaks down the areas of business that has seen the most growth.

Some of the most notable lines of business are agriculture, construction, education services and finance.

The current data represents new and active business licenses in the Municipality of Anchorage.