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  1. Anchorage braces for economic hit from troop drawdown at Elmendorf-RichardsonRead the original story w/Photo

    Nov 1, 2012 | Stars and Stripes

    With Alaska facing a possible recession brought on by persistently low oil prices and a deep cutback in state spending, its largest city is coming to grips with a looming reduction in Army troop levels that could create more problems for the job market and greater economy. Effects from the Army's deciJeannette Lee Falseyion made public Wednesday to cut 2,600 troops from Joint Base Elmendorf-Richardson will ripple out from areas with a high proportion of military residents, such as Eagle River and northeast Anchorage, to the municipality as a whole, economists predict.

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