HOUSE_OVERSIGHT_018823.jpg
1.5 MB
Extraction Summary
0
People
5
Organizations
2
Locations
3
Events
2
Relationships
3
Quotes
Document Information
Type:
Economic area analysis report
File Size:
1.5 MB
Summary
This document is an economic area analysis of the U.S. Virgin Islands, presenting commerce and tourism data from 2005 to 2014. It includes a chart on USVI's exports, imports, and GTP, and a detailed table on visitor arrivals and expenditures, sourced from the VI Bureau of Economic Research. The document's footer mentions 'IGY American Yacht Harbor Marina' and it is labeled 'HOUSE_OVERSIGHT_018823', suggesting it's part of an appraisal or investigation, possibly connected to Jeffrey Epstein's assets and activities in the region.
Organizations (5)
| Name | Type | Context |
|---|---|---|
| USVI Commerce |
Subject of a line chart showing economic data for the U.S. Virgin Islands from 2007-2012.
|
|
| Vi Bureau of Economic Research |
Cited as the source for the 'USVI Visitor Expenditures' table.
|
|
| IGY American Yacht Harbor Marina |
Mentioned in the footer of the document. IGY stands for Island Global Yachting.
|
|
| irr. |
A logo in the bottom right corner, likely for Integra Realty Resources, a real estate valuation and counseling firm.
|
|
| House Oversight |
Referenced in the document identifier 'HOUSE_OVERSIGHT_018823', suggesting a connection to a U.S. House of Representa...
|
Timeline (3 events)
2007-2012
Analysis of USVI commerce, including Total Exports, Total Imports, and Gross Territorial Product (GTP), all measured in millions of dollars.
USVI
2014
Total number of visitor arrivals to the USVI reached over 2.8 million (2,814,200), representing a 4.2% growth over 2013.
USVI
Stopover Tourists
Day Trip Excursionists
Cruise Ship Passengers
Locations (2)
| Location | Context |
|---|---|
|
The primary location being analyzed, referred to as 'the territory'.
|
|
|
A specific marina located in the USVI, part of the IGY group, mentioned in the document footer.
|
Relationships (2)
The marina is mentioned in a document analyzing the USVI's tourism and general economy, indicating it is a component of that economy.
The document is marked with the identifier 'HOUSE_OVERSIGHT_018823', suggesting it is an item collected or produced as part of a committee's work.
Key Quotes (3)
"Over ninety percent of non-farm jobs are in the service providing industries, with the remaining jobs being in goods producing industries."Source
HOUSE_OVERSIGHT_018823.jpg
Quote #1
"The total number of visitor arrivals to the territory reached over 2.8 million in 2014, including both air and cruise ship arrivals. This represents 4.2% growth over the prior year."Source
HOUSE_OVERSIGHT_018823.jpg
Quote #2
"Total visitor expenditures are also growing, with annual growth in excess of 6% each of the last three years."Source
HOUSE_OVERSIGHT_018823.jpg
Quote #3
Full Extracted Text
Complete text extracted from the document (1,990 characters)
Area Analysis
13
USVI Commerce
$20,000.0
$18,000.0
$16,000.0
$14,000.0
$12,000.0
$10,000.0
$8,000.0
$6,000.0
$4,000.0
$2,000.0
$0.0
$6,000
$5,000
$4,000
$3,000
$2,000
$1,000
$0
2007
2008
2009
2010
2011
2012
Total Exports (Millions $)
Total Imports (Millions $)
GTP (Millions $)
Over ninety percent of non-farm jobs are in the service providing industries, with the remaining jobs being in goods producing industries. Government, trade, transportation and utilities, and leisure and hospitality remain the industries with the largest number of jobs.
These three sectors account for 69 percent of all jobs. Professional and business services, construction and financial activities account for approximately 9 percent, 4 percent and 6 percent respectively. Manufacturing and information sectors account for about 2 percent each, while educational and health services account for 6 percent. Other services account for the remainder of jobs.
Tourism
The total number of visitor arrivals to the territory reached over 2.8 million in 2014, including both air and cruise ship arrivals. This represents 4.2% growth over the prior year. Total visitor expenditures are also growing, with annual growth in excess of 6% each of the last three years.
USVI Visitor Expenditures
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
Total Visitors (Thousands)
2,601.9
2,570.7
2,606.2
2,435.2
2,245.0
2,548.7
2,687.9
2,642.1
2,701.5
2,814.2
Growth
-1.2%
1.4%
-6.6%
-7.8%
13.5%
5.5%
-1.7%
2.2%
4.2%
Total Visitor Expenditures
$1,431.6
$1,467.6
$1,512.6
$1,157.1
$1,021.3
$1,012.5
$1,085.3
$1,152.8
$1,232.2
Growth
2.5%
3.1%
-23.5%
-11.7%
-0.9%
7.2%
6.2%
6.9%
From Stopover Tourists
$863.8
$883.2
$929.8
$686.4
$687.4
$678.2
$740.6
$784.7
$851.0
Day Trip Excursionists
$27.2
$25.6
$27.7
$29.7
$28.6
$28.0
$35.4
$35.4
$36.1
From Cruise Ship Passengers
$540.6
$558.8
$555.2
$441.0
$305.3
$306.3
$311.8
$332.7
$345.1
Source: Vi Bureau of Economic Research
IGY American Yacht Harbor Marina
irr.
HOUSE_OVERSIGHT_018823
13
USVI Commerce
$20,000.0
$18,000.0
$16,000.0
$14,000.0
$12,000.0
$10,000.0
$8,000.0
$6,000.0
$4,000.0
$2,000.0
$0.0
$6,000
$5,000
$4,000
$3,000
$2,000
$1,000
$0
2007
2008
2009
2010
2011
2012
Total Exports (Millions $)
Total Imports (Millions $)
GTP (Millions $)
Over ninety percent of non-farm jobs are in the service providing industries, with the remaining jobs being in goods producing industries. Government, trade, transportation and utilities, and leisure and hospitality remain the industries with the largest number of jobs.
These three sectors account for 69 percent of all jobs. Professional and business services, construction and financial activities account for approximately 9 percent, 4 percent and 6 percent respectively. Manufacturing and information sectors account for about 2 percent each, while educational and health services account for 6 percent. Other services account for the remainder of jobs.
Tourism
The total number of visitor arrivals to the territory reached over 2.8 million in 2014, including both air and cruise ship arrivals. This represents 4.2% growth over the prior year. Total visitor expenditures are also growing, with annual growth in excess of 6% each of the last three years.
USVI Visitor Expenditures
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
Total Visitors (Thousands)
2,601.9
2,570.7
2,606.2
2,435.2
2,245.0
2,548.7
2,687.9
2,642.1
2,701.5
2,814.2
Growth
-1.2%
1.4%
-6.6%
-7.8%
13.5%
5.5%
-1.7%
2.2%
4.2%
Total Visitor Expenditures
$1,431.6
$1,467.6
$1,512.6
$1,157.1
$1,021.3
$1,012.5
$1,085.3
$1,152.8
$1,232.2
Growth
2.5%
3.1%
-23.5%
-11.7%
-0.9%
7.2%
6.2%
6.9%
From Stopover Tourists
$863.8
$883.2
$929.8
$686.4
$687.4
$678.2
$740.6
$784.7
$851.0
Day Trip Excursionists
$27.2
$25.6
$27.7
$29.7
$28.6
$28.0
$35.4
$35.4
$36.1
From Cruise Ship Passengers
$540.6
$558.8
$555.2
$441.0
$305.3
$306.3
$311.8
$332.7
$345.1
Source: Vi Bureau of Economic Research
IGY American Yacht Harbor Marina
irr.
HOUSE_OVERSIGHT_018823
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