Several federal laboratories are located in Alaska. Situated in Juneau, Auke Bay's interests include Pacific salmon as well as impacts of ecosystem stresses on fisheries. Other organizations involved in the planning, coordination, and implementation of Arctic research activities include the U.S. Arctic Research Commission, the federal Interagency Arctic Research Policy Committee, and the Arctic Research Consortium of the United States. The unique economic and geographical features of Alaska create an enormous potential for research and development activities. Much of the state's economic activity results from its abundant natural resources.
Petroleum is the most important revenue-generator for the state.
Oil royalties have given the state government an important source of income and enabled it to maintain an extremely favorable tax structure for Alaska's citizens, although declining oil revenues have taken their toll on this structure in recent years. The natural gas industry is another significant component of Alaska's economy, as is the lumber industry. Important mining products include coal, gold, and other precious metals, as well as sand and gravel. Alaska's fisheries produce the most valuable commercial catch in the nation. Manufacturing in Alaska is relatively small.