By 2014, the mine should be back to normal production of around 3 million ounces, Baker said.

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After the pipeline was shut down, Alyeska ordered all North Slope producers to scale back production to 5% of normal levels.

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But Marketing Manager Phil White hopes production on the face will be back to normal by the end of next month.

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Outside of the cities, farm-related growth jumped 13% as production of goods such as beef and wheat started getting back to normal.

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With production estimated to take at least two weeks to get back to normal, the test-flight programme of Boeing's 787 Dreamliner will have to be pushed back (again).

ECONOMIST: Business this week