This report highlights key findings from the most recent (2004-2008) data collected by the Forest Inventory and Analysis program across all ownerships in southeast and south-central Alaska. We present basic resource information such as forest area, ownership, volume, biomass, carbon sequestration, growth, and mortality; structure and function topics such as vegetation and lichen diversity and forest age distribution; disturbance topics such as insects and diseases, yellow-cedar decline, fire, and invasive plants; and information about the forest products industry in Alaska, the potential of young growth for timber supply, biofuels, and nontimber forest products. The appendixes describe inventory methods and design in detail and provide summary tables of data and statistical error for the forest characteristics sampled.