Economy Archives - St. Croix Chamber of Commerce

VIPA Advises Public of Anticipated Record-Busy Holiday Season

The Virgin Islands Port Authority is advising the public that this upcoming holiday season is anticipated to be the busiest travel season in history. “The Transportation Security Administration (TSA) and…

November 19, 2023No Comments

Community is Given Until Nov. 24 to Comment on Latest Draft of Governor’s Derelict and Abandoned Buildings Bill

Governor Albert Bryan announced on Monday that the public has until November 24 to comment on the latest draft of his proposed bill, aimed to rid the territory town of…

October 24, 2023No Comments

HUD Greenlights Amendment; Potential Release of $145M for Infrastructure at WAPA Plants

October 12, 2023 The U.S. Virgin Islands has taken a major leap towards fortifying its energy infrastructure, with the announcement from Governor Albert Bryan that the U.S. Department of Housing…

October 12, 2023No Comments

Ocean Point Terminals to Develop Solar Farm on St. Croix

By SUZANNE CARLSON, Daily News Staff Ocean Point Terminals, formerly known as Limetree Bay Terminals on St. Croix, has announced the company is partnering with BMR Energy to construct a…

September 23, 2022No Comments

Spring Revenue Estimating Conference Reports Positive Outlook; USVI’s GDP Outperforms Those of Mainland, Other Territories

Among the highlights: Hotel revenues are up 75%; 1st Quarter 2022 visitors are almost double the same period in 2021; unemployment hits lowest level in years at 7.9%; refinery restart and…

March 28, 2022No Comments

Gross Domestic Product for the U.S. Virgin Islands (USVI), 2019

Released May 26, 2021 at 2pm EST. Source: Bureau of Economic Analysis (BEA) Today, the Bureau of Economic Analysis (BEA) released estimates of gross domestic product (GDP) for the U.S.…

May 26, 2021No Comments