HOUSE_OVERSIGHT_018820.jpg
1.87 MB
Extraction Summary
1
People
7
Organizations
6
Locations
4
Events
1
Relationships
4
Quotes
Document Information
Type:
Government report / area analysis
File Size:
1.87 MB
Summary
This document, page 10 of a report labeled 'HOUSE_OVERSIGHT_018820', provides a political and economic analysis of the U.S. Virgin Islands for the period 2005-2014. It details the territory's legislative structure, population decline after a 2008 peak, and economic struggles, including the 2012 closure of the Hovensa refinery. The document's relevance to the Epstein case is established by the footer, which mentions 'IGY American Yacht Harbor Marina', a marina company associated with Epstein's yachts.
People (1)
| Name | Role | Context |
|---|---|---|
| President of the United States | Appointing authority |
Mentioned in a historical context as having previously appointed governors for the U.S. Virgin Islands before 1970.
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Organizations (7)
| Name | Type | Context |
|---|---|---|
| U.S. Congress |
The U.S. Virgin Islands elects a non-voting delegate to Congress.
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| Virgin Islands Legislature |
The unicameral legislative body for the territory, consisting of 15 senators.
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| VI Bureau of Economic Research |
Cited as the source for the economic data table.
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| Hovensa |
An oil and gas refinery whose closure in 2012 affected the territory's unemployment rate.
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| IGY American Yacht Harbor Marina |
Mentioned in the footer of the document. IGY (Island Global Yachting) operated marinas used by Jeffrey Epstein.
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| irr. |
A logo in the footer, possibly a consulting firm or research group that prepared the report.
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| House Oversight |
Implied by the document identifier 'HOUSE_OVERSIGHT_018820' in the footer, suggesting this is part of a U.S. House of...
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Timeline (4 events)
2008-2014
A period of annual population decline in the U.S. Virgin Islands.
U.S. Virgin Islands
Since 1970
The U.S. Virgin Islands has elected its own territorial governor every four years.
U.S. Virgin Islands
Voters of the U.S. Virgin Islands
Locations (6)
| Location | Context |
|---|---|
|
The subject of the area analysis.
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One of the main islands of the USVI.
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One of the main islands of the USVI.
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One of the main islands of the USVI.
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The sovereign nation of which the USVI is a territory.
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A marina in the USVI, mentioned in the document footer.
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Relationships (1)
The document describes the USVI's status as a territory that elects a non-voting delegate to the U.S. Congress and whose past governors were appointed by the U.S. President.
Key Quotes (4)
"However, the elected delegate, while able to vote in committee, cannot participate in floor votes."Source
HOUSE_OVERSIGHT_018820.jpg
Quote #1
"The territory's Labor Force has also declined slightly, and there has been a steady increase in the unemployment rate; which was further affected by the closure of the Hovensa oil and gas refinery in 2012."Source
HOUSE_OVERSIGHT_018820.jpg
Quote #2
"IGY American Yacht Harbor Marina"Source
HOUSE_OVERSIGHT_018820.jpg
Quote #3
"HOUSE_OVERSIGHT_018820"Source
HOUSE_OVERSIGHT_018820.jpg
Quote #4
Full Extracted Text
Complete text extracted from the document (3,199 characters)
Area Analysis
10
10
At the national level, the U.S. Virgin Islands elects a delegate to Congress from its at-large congressional district. However, the elected delegate, while able to vote in committee, cannot participate in floor votes.
At the territorial level, 15 senators—seven from the district of Saint Croix, seven from the district of Saint Thomas and Saint John, and one senator at-large who must be a resident of Saint John—are elected for two-year terms to the unicameral Virgin Islands Legislature. The U.S. Virgin Islands has elected a territorial governor every four years since 1970. Previous governors were appointed by the President of the United States.
Population and Employment
In 2008, the residential population of the Virgin Islands peaked at an estimated 115,852 persons. This follows five years of slow but steady growth of 1.0%, slightly slower than the U.S. annual average of 1.15%. Since 2008, population levels have fallen each year, to the 2014 estimated population of 103,961 persons.
Among the three islands, St Croix and St Thomas are nearly equally populous with St John having less than 4 percent of the total population of the Virgin Islands.
USVI Economic Indicators
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
5 Yr Ann Growth
2006
2007
2008
2009
2010
2011
2012
2013
2014
5 Yr Ann Growth
Population
111,470
113,689
114,743
115,852
107,343
106,405
105,784
105,169
104,563
103,961
-0.6%
St. Croix
54,635
55,722
56,239
56,783
52,612
50,601
50,247
50,005
49,938
49,656
-1.1%
St. Thomas
52,528
53,574
54,070
54,592
50,583
51,634
51,266
51,051
50,610
50,316
-0.1%
St. John
4,307
4,393
4,434
4,477
4,148
4,170
4,134
4,113
4,015
3,989
-0.8%
111,470
113,689
114,743
115,852
107,343
106,405
105,784
105,169
104,563
103,961
-0.6%
St. Croix
54,635
55,722
56,239
56,783
52,612
50,601
50,247
50,005
49,938
49,656
-1.1%
St. Thomas
52,528
53,574
54,070
54,592
50,583
51,634
51,266
51,051
50,610
50,316
-0.1%
St. John
4,307
4,393
4,434
4,477
4,148
4,170
4,134
4,113
4,015
3,989
-0.8%
Civilian labor force
51,159
51,159
52,670
52,630
52,861
51,424
50,729
50,577
47,558
46,784
-2.3%
Civilian employment
47,301
48,640
49,547
49,589
48,863
47,272
46,121
44,659
41,207
40,687
-3.3%
Unemployment rate (percent)
7.1%
6.2%
5.9%
5.8%
7.6%
8.1%
8.9%
11.7%
13.4%
13.0%
14.2%
51,159
51,159
52,670
52,630
52,861
51,424
50,729
50,577
47,558
46,784
-2.3%
Civilian employment
47,301
48,640
49,547
49,589
48,863
47,272
46,121
44,659
41,207
40,687
-3.3%
Unemployment rate (percent)
7.1%
6.2%
5.9%
5.8%
7.6%
8.1%
8.9%
11.7%
13.4%
13.0%
14.2%
Gross Territorial Product (GTP, Millions)
$4,457
$4,635
$4,836
$4,851
$4,583
$4,660
$4,351
$3,778
$3,792
-4.4%
GTP Per Capita
$39,984
$40,769
$42,146
$41,872
$42,695
$43,795
$41,131
$35,923
$36,265
-2.7%
Personal income (PI)
$2,723
$2,777
$2,964
$2,606
$2,602
$2,704
$2,661
$2,586
$2,233
-2.9%
Per capita personal income ($)
$20,620
$21,711
$22,658
$22,847
$23,931
$25,603
$25,084
$23,388
$21,353
-1.3%
$4,457
$4,635
$4,836
$4,851
$4,583
$4,660
$4,351
$3,778
$3,792
-4.4%
GTP Per Capita
$39,984
$40,769
$42,146
$41,872
$42,695
$43,795
$41,131
$35,923
$36,265
-2.7%
Personal income (PI)
$2,723
$2,777
$2,964
$2,606
$2,602
$2,704
$2,661
$2,586
$2,233
-2.9%
Per capita personal income ($)
$20,620
$21,711
$22,658
$22,847
$23,931
$25,603
$25,084
$23,388
$21,353
-1.3%
Total Exports (Millions of $)
$10,476
$11,627
$12,962
$17,249
$9,728
$11,930
$13,314
$2,263
$1,285
$1,671
-16.6%
Refined petroleum
$9,376
$10,463
$11,242
$13,592
$8,327
$9,759
$10,486
$932
$32
$7
-20.0%
$10,476
$11,627
$12,962
$17,249
$9,728
$11,930
$13,314
$2,263
$1,285
$1,671
-16.6%
Refined petroleum
$9,376
$10,463
$11,242
$13,592
$8,327
$9,759
$10,486
$932
$32
$7
-20.0%
Value of construction permits (Millions $)
$390.20
$442.70
$266.10
$273.30
$261.80
$187.20
$179.10
$141.40
$156.60
$201.40
-4.6%
St. Thomas/St. John
$274.30
$217.70
$172.90
$183.80
$79.00
$80.60
$87.90
$85.10
$114.80
$142.20
16.0%
St. Croix
$115.90
$225.00
$93.20
$89.50
$175.90
$106.50
$91.10
$56.20
$41.80
$59.20
-13.3%
$390.20
$442.70
$266.10
$273.30
$261.80
$187.20
$179.10
$141.40
$156.60
$201.40
-4.6%
St. Thomas/St. John
$274.30
$217.70
$172.90
$183.80
$79.00
$80.60
$87.90
$85.10
$114.80
$142.20
16.0%
St. Croix
$115.90
$225.00
$93.20
$89.50
$175.90
$106.50
$91.10
$56.20
$41.80
$59.20
-13.3%
Source: VI Bureau of Economic Research
The territory's Labor Force has also declined slightly, and there has been a steady increase in the unemployment rate; which was further affected by the closure of the Hovensa oil and gas refinery in 2012. Note that there was a slight dip in unemployement in 2014.
IGY American Yacht Harbor Marina
irr.
HOUSE_OVERSIGHT_018820
irr.
HOUSE_OVERSIGHT_018820
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