HOUSE_OVERSIGHT_018821.jpg
871 KB
Extraction Summary
0
People
4
Organizations
3
Locations
3
Events
0
Relationships
4
Quotes
Document Information
Type:
Economic analysis report
File Size:
871 KB
Summary
This document is page 11 of an economic analysis report, likely concerning the U.S. Virgin Islands, covering the period from 2007 to 2014. It details a declining economy, highlighting the closure of the Hovensa Refinery in St. Croix in 2012, a drop in Gross Domestic Product from a 2007 peak, and a decrease in personal income per capita between 2010 and 2013. The document is labeled 'HOUSE_OVERSIGHT_018821' and mentions 'IGY American Yacht Harbor Marina' in the footer.
Organizations (4)
| Name | Type | Context |
|---|---|---|
| Hovensa Refinery |
A refinery for petroleum products located in St. Croix that closed in early 2012.
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| IGY American Yacht Harbor Marina |
Mentioned in the footer of the document.
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| irr. |
A logo in the footer, likely a company identifier for the report's author (possibly Integra Realty Resources).
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| HOUSE_OVERSIGHT |
Part of the document identifier in the footer (HOUSE_OVERSIGHT_018821), suggesting the document is from a collection ...
|
Locations (3)
| Location | Context |
|---|---|
|
The subject of the economic analysis, heavily reliant on tourism. Implied to be the U.S. Virgin Islands due to the me...
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Location of the Hovensa Refinery.
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A specific marina mentioned in the document footer.
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Key Quotes (4)
"The territory relies heavily on tourism for economic stability."Source
HOUSE_OVERSIGHT_018821.jpg
Quote #1
"The Hovensa Refinery in St. Croix closed in early 2012."Source
HOUSE_OVERSIGHT_018821.jpg
Quote #2
"The Gross Domestic Product peaked in 2007 at $4.85 million, and declined to $4.14 million in 2012, and further declined to $3.79 million for 2013."Source
HOUSE_OVERSIGHT_018821.jpg
Quote #3
"Personal income per capita is also in decline from over $25,000 in 2010 and 2011 to just over $21,000 in 2013."Source
HOUSE_OVERSIGHT_018821.jpg
Quote #4
Full Extracted Text
Complete text extracted from the document (861 characters)
Area Analysis
11
11
Population and Employment
125,000
16.0%
115,000
14.0%
105,000
12.0%
95,000
10.0%
85,000
8.0%
75,000
6.0%
65,000
5.0%
55,000
4.0%
45,000
2.0%
35,000
25,000
0.0%
16.0%
115,000
14.0%
105,000
12.0%
95,000
10.0%
85,000
8.0%
75,000
6.0%
65,000
5.0%
55,000
4.0%
45,000
2.0%
35,000
25,000
0.0%
2007 2008 2009 2010 2011 2012 2013 2014
— Population — Civilian employment — Unemployment Rate
Industry
The territory relies heavily on tourism for economic stability. Additional industries include the production and export of rum; and until early 2012, the production of refined petroleum products (the Hovensa Refinery in St. Croix closed in early 2012). The Gross Domestic Product peaked in 2007 at $4.85 million, and declined to $4.14 million in 2012, and further declined to $3.79 million for 2013. Personal income per capita is also in decline from over $25,000 in 2010 and 2011 to just over $21,000 in 2013.
IGY American Yacht Harbor Marina
irr.
HOUSE_OVERSIGHT_018821
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