Every five years, the U.S. Census Bureau collects extensive statistics about businesses that are essential to understanding the economy of the U.S. Virgin Islands (USVI). This official count, as part of the Economic Census of Island Areas, serves as the foundation for the measurement of USVI’s businesses and their economic impact. As part of the Census Bureau’s mission to provide timely information on the health of USVI’s economy, this “business” census serves as the most extensive collection of data related to business activity. Businesses large, medium and small, covering most industries and all geographic areas of USVI, will receive surveys tailored to their primary business activity.
Respondents will use an online, secure portal to respond, making filing easier while at the same time improving data quality and reducing costs. Small companies in USVI will have a paper reporting option available.
Response is required by law. Title 13, United States Code (U.S.C.), Section 131, authorizes the survey by requiring businesses and other organizations included in the survey to answer the questions and submit a response. Section 191 expands the authority to collect the data in the Island Areas. Sections 224 and 225 require businesses and other organizations that receive this questionnaire to answer the questions and return the report to the U.S. Census Bureau.
By Section 9 of the same law, the information that businesses and other organizations provide is confidential. It may be seen only by persons sworn to uphold the confidentiality of Census Bureau information and may be used only for statistical purposes. Further, copies retained in respondents’ files are immune from legal process.
The data produced from the Economic Census are important for your industry, your community and your business:
In order to prepare for the Economic Census, the Census Bureau consults with a variety of experts both inside and outside of the Federal Government. We also work with experts in the Government of USVI to gather input on how we can make the Economic Census work better for you.
The key statistics produced for the Economic Census include Number of Establishments; Value of Sales, Shipments, Receipts, or Revenue; Primary Business Activity; Number of Employees; Annual Payroll; First Quarter Payroll; and industry specific statistics.
Data products include industries across 18 industrial sectors classified using the North American Industry Classification System (NAICS). Geographic Area Series reports containing general statistics will be produced for the Territory, Islands, and Cities in USVI. Additionally, goods and services products will be released for the first time on the new North American Product Classification System (NAPCS) basis.
Contact information for both Economic Census of the US and Economic Census of Island Areas can be found on this page.