Business permits, December 2023
3/21/2024 Percent Percent Percent Change Change Change YEAR TO DATE TOTAL: DECEMBER 150,869 258,310 71.2 53,129 88,439 66.5 203,998 346,749 70.0 MONTH: January 7,675 13,476 75.6 7,163 2,645 -63.1 14,838 16,121 8.6 February 15,063 23,982 59.2 4,978 11,917 139.4 20,041 35,899 79.1 March 10,295 12,496 21.4 2,036 6,593 - 12,331 19,089 54.8 April 11,283 10,567 -6.3 2,066 4,977 - 13,349 15,544 16.4 May 19,186 59,653 - 2,815 2,226 -20.9 22,001 61,879 - June 20,657 19,117 -7.5 679 2,737 - 21,335 21,854 2.4 July 15,063 23,982 59.2 4,978 11,917 - 20,041 35,899 79.1 August 14,161 6,137 -56.7 3,836 2,490 -35.1 17,997 8,627 -52.1 September 14,205 48,089 - 4,258 4,150 -2.5 18,464 52,238 - October 9,585 13,485 40.7 9,650 1,382 -85.7 19,234 14,867 -22.7 November 7,640 22,282 191.6 7,935 21,190 167.0 15,576 43,472 179.1 December 6,056 5,045 -16.7 2,735 16,215 492.9 8,791 21,260 141.9 QUARTER: First 33,033 49,954 51.2 14,177 21,155 49.2 47,210 71,109 50.6 Second 51,126 89,337 74.7 5,559 9,941 78.8 56,686 99,278 75.1 Third 43,429 78,207 80.1 13,073 18,557 41.9 56,502 96,764 71.3 Fourth 23,281 40,812 75 …
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3/21/2024 Percent Percent Percent Change Change Change YEAR TO DATE TOTAL: DECEMBER 150,869 258,310 71.2 53,129 88,439 66.5 203,998 346,749 70.0 MONTH: January 7,675 13,476 75.6 7,163 2,645 -63.1 14,838 16,121 8.6 February 15,063 23,982 59.2 4,978 11,917 139.4 20,041 35,899 79.1 March 10,295 12,496 21.4 2,036 6,593 - 12,331 19,089 54.8 April 11,283 10,567 -6.3 2,066 4,977 - 13,349 15,544 16.4 May 19,186 59,653 - 2,815 2,226 -20.9 22,001 61,879 - June 20,657 19,117 -7.5 679 2,737 - 21,335 21,854 2.4 July 15,063 23,982 59.2 4,978 11,917 - 20,041 35,899 79.1 August 14,161 6,137 -56.7 3,836 2,490 -35.1 17,997 8,627 -52.1 September 14,205 48,089 - 4,258 4,150 -2.5 18,464 52,238 - October 9,585 13,485 40.7 9,650 1,382 -85.7 19,234 14,867 -22.7 November 7,640 22,282 191.6 7,935 21,190 167.0 15,576 43,472 179.1 December 6,056 5,045 -16.7 2,735 16,215 492.9 8,791 21,260 141.9 QUARTER: First 33,033 49,954 51.2 14,177 21,155 49.2 47,210 71,109 50.6 Second 51,126 89,337 74.7 5,559 9,941 78.8 56,686 99,278 75.1 Third 43,429 78,207 80.1 13,073 18,557 41.9 56,502 96,764 71.3 Fourth 23,281 40,812 75.3 20,320 38,787 90.9 43,601 79,599 82.6 ANNUAL TOTAL: 150,869 258,310 71.2 53,129 88,439 66.5 203,998 346,749 70.0 Notes: www.usviber.org | webmaster@usviber.org TOTAL CONSTRUCTION PERMIT VALUE - U.S. VIRGIN ISLANDS Value of all types of intended building construction. Compiled from Dept. of Planning and Natural Resources approved permits for which estimated value is available. [-] denotes data unavailable or not presented due to extreme fluctuations of percent changes. Data subject to revision. JANUARY 2022 to DECEMBER 2023 Year To Date, Monthly, Quarterly and Annual Totals In Thousands of Dollars ($) 2023 ST. THOMAS/ST. JOHN ST. CROIX U.S.V.I., TOTAL Period 2022 2023 2022 2023 2022 U.S.V.I. BUREAU OF ECONOMIC RESEARCH 1 3/21/2024 0 10,000 20,000 30,000 40,000 50,000 60,000 70,000 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC (Thousands of Dollars) ST. THOMAS/JOHN TOTAL PERMIT VALUE 2021, 2022 AND 2023 DECEMBER YTD 0 10,000 20,000 30,000 40,000 50,000 60,000 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC (Thousands of Dollars) ST. CROIX TOTAL PERMIT VALUE 2021, 2022 AND 2023 DECEMBER YTD 2023 JAN 16,121 2023 FEB 35,899 2023 MAR 19,089 2023 APR 15,544 2023 MAY… 2023 JUN 21,854 2023 JUL 35,899 2023 AUG 8,627 2023 SEP 52,238 2023 OCT 14,867 2023 NOV 43,472 2023 DEC 21,260 0 10,000 20,000 30,000 40,000 50,000 60,000 70,000 80,000 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC (Thousands of Dollars) U.S.V.I. TOTAL PERMIT VALUE 2021, 2022 AND 2023 DECEMBER YTD 2021 2022 2023 U.S.V.I. BUREAU OF ECONOMIC RESEARCH 2 3/21/2024 Percent Percent Percent Period 2022 2023 Change 2022 2023 Change 2022 2023 Change YEAR TO DATE TOTAL: DECEMBER 115,213 141,691 23.0 39,391 45,654 15.9 154,604 187,345 21.2 MONTH: January 5,284 12,844 - 1,949 2,525 29.6 7,232 15,369 - February 12,881 17,250 33.9 4,116 3,610 -12.3 16,997 20,859 22.7 March 10,174 8,777 -13.7 1,039 1,426 37.3 11,213 10,203 -9.0 April 10,259 9,323 -9.1 1,517 4,823 - 11,776 14,146 20.1 May 16,428 13,285 -19.1 1,616 2,076 28.4 18,045 15,361 -14.9 June 12,319 14,408 17.0 667 2,359 - 12,987 16,767 29.1 July 12,881 17,250 33.9 4,116 3,610 -12.3 16,997 20,859 22.7 August 8,211 3,331 -59.4 3,836 1,083 -71.8 12,047 4,414 -63.4 September 7,548 13,631 80.6 4,016 1,173 -70.8 11,563 14,804 28.0 October 9,416 9,156 -2.8 9,298 840 -91.0 18,714 9,996 -46.6 November 5,639 21,212 - 6,120 21,140 - 11,759 42,351 - December 4,174 1,225 -70.7 1,100 989 -10.0 5,274 2,214 -58.0 QUARTER: First 28,339 38,870 37.2 7,104 7,561 6.4 35,443 46,432 31.0 Second 39,006 37,016 -5.1 3,801 9,258 - 42,808 46,274 8.1 Third 28,639 34,211 19.5 11,968 5,865 -51.0 40,608 40,077 -1.3 Fourth 19,229 31,593 64.3 16,517 22,969 39.1 35,746 54,562 52.6 ANNUAL TOTAL: 115,213 141,691 23.0 39,391 45,654 15.9 154,604 187,345 21.2 Notes: www.usviber.org | webmaster@usviber.org Value of intended construction of new housekeeping residences as well as additions and alterations to existing residences. Construction relating to hotels and other structures intended for use as transient accommodations are not included. Compiled from Dept. of planning and Natural Resources approved permits for which estimated value is available. [-] denotes data unavailable or not presented due to extreme fluations of percent changes. PRIVATE RESIDENTIAL CONSTRUCTION PERMITS VALUE - U.S. Virgin Islands JANUARY 2022 to DECEMBER 2023 ST. THOMAS/ST. JOHN ST. CROIX U.S.V.I., TOTAL Year To Date, Monthly, Quarterly and Annual Totals In Thousands of Dollars U.S.V.I. BUREAU OF ECONOMIC RESEARCH 1 3/21/2024 TD 0 5,000 10,000 15,000 20,000 25,000 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC (Thousands of Dollars) ST.THOMAS/JOHN PRIV. RES. PERMIT VALUE 2021, 2022 AND DECEMBER 2023 YTD 2023 JAN 15,369 2023 FEB 20,859 2023 MAR 10,203 2023 APR 14,146 2023 MAY 15,361 2023 JUN 16,767 2023 JUL 20,859 2023 AUG 4,414 2023 SEP 14,804 2023 OCT 9,996 2023 NOV 42,351 2023 DEC 2,214 0 5,000 10,000 15,000 20,000 25,000 30,000 35,000 40,000 45,000 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC (Thousands of Dollars) U.S.V.I PRIVATE RES. PERMIT VALUE 2021, 2022 AND DECEMBER 2023 YTD 2021 2022 2023 0 5,000 10,000 15,000 20,000 25,000 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC (Thousands of Dollars) ST. CROIX PRIVATE RES. PERMIT VALUE 2021, 2022 AND DECEMBER 2023 YTD . U.S.V.I. BUREAU OF ECONOMIC RESEARCH 2 ST. CROIX U.S.V.I., TOTAL Percent Percent Percent 2022 2023 Change 2022 2023 Change 2022 2023 Change YEAR TO DATE TOTALS: DECEMBER 10,196 34,698 240.3 10,439 25,800 - 20,635 60,498 193.2 MONTH: January 2,392 0 - 5,214 0 -100.0 7,606 0 -100.0 February 1,068 498 - 33 8,307 - 1,100 8,805 700.3 March 38 776 - 50 5,000 - 88 5,776 - April 874 0 - 548 0 - 1,422 0 - May 405 262 -35.3 1,199 0 -100.0 1,604 262 -83.7 June 605 2,789 - 0 378 - 605 3,168 - July 1,068 498 -53.4 33 8,307 25433.3 1,100 8,805 - August 2,239 2,806 - 0 1,230 - 2,239 4,036 80.2 September 0 18,720 - 8 2,527 - 8 21,247 - October 158 4,079 - 340 0 - 498 4,079 - November 1,350 1,071 -20.7 1,555 50 -96.8 2,905 1,121 -61.4 December 0 3,200 - 1,459 0 -100.0 1,459 3,200 119.3 QUARTER: First 3,497 1,273 -63.6 5,297 13,307 151.2 8,794 14,581 65.8 Second 1,884 3,051 61.9 1,747 378 -78.3 3,631 3,430 -5.5 Third 3,307 22,024 - 41 12,064 - 3,347 34,088 918.3 Fourth 1,508 8,350 453.8 3,355 50 -98.5 4,863 8,400 72.7 ANNUAL TOTAL: 10,196 34,698 240.3 10,439 25,800 147.2 20,635 60,498 193.2 Notes: :: www.usviber.org | webmaster@usviber.org Value of intended Federal or Territory government building construction. Compiled from Dept. of Planning and Natural Resources approved permits for which estimated value is available. [-] denotes data unavailable or not present due to extreme fluctuations of percent changes. Data subject to revision. Period January 2022 to December 2023 PUBLIC CONSTRUCTION PERMIT VALUE - U.S. VIRGIN ISLANDS ST. THOMAS/ST. JOHN Year To Date, Monthly, Quarterly and Annual Totals In Thousands of Dollars ($) U.S.V.I. BUREAU OF ECONOMIC RESEARCH 3/21/2024 ST. CROIX U.S.V.I., TOTAL Percent Percent Percent 2022 2023 Change 2022 2023 Change 2022 2023 Change YEAR TO DATE TOTAL: DECEMBER 25,459 81,921 - 3,299 16,985 - 28,759 83,061 - MONTH: January 0 632 0 0 120 - 0 752 0 February 1,114 6,235 - 830 0 - 1,943 6,235 - March 83 2,944 - 946 166 - 1,030 3,110 - April 150 1,244 - 0 154 - 150 1,398 - May 2,353 46,105 - 0 150 - 2,353 46,255 - June 7,732 1,920 -75.2 11 0 - 7,743 1,920 -75.2 July 1,114 6,235 459.8 830 0 -100.0 1,943 6,235 220.8 August 3,711 0 -100.0 0 178 - 3,711 178 -95.2 September 6,658 15,737 136.4 235 450 91.7 6,893 16,187 134.9 October 11 250 2132.1 11 541 4733.1 22 791 - November 651 0 -100.0 261 0 -100.0 912 0 -100.0 December 1,882 620 -67.1 176 15,226 8561.2 2,058 - - QUARTER: First 1,197 9,810 719.5 1,776 286 -83.9 2,973 10,097 239.6 Second 10,236 49,269 381.4 11 304 2596.2 10,247 49,573 383.8 Third 11,482 21,972 91.4 1,064 628 -41.0 12,547 22,599 80.1 Fourth 2,544 870 1,965 448 15,767 13,194 2,992 - - ANNUAL TOTAL: 25,459 81,921 -167.1 3,299 16,985 8461.2 28,759 - -100.0 Notes: www.usviber.org | webmaster@usviber.org webmaster@usviber.org www.usviber.org Period ST. THOMAS/ST. JOHN Value of intended private building construction exclusive of housekeeping residences. Includes hotels and other structures intended for use as transient accommodations. Compiled from Dept. of Planning and Natural Resources approved permits for which estimated value is available. [-] denotes data not presented due to extreme fluctuations of percent changes. Data subject to revision. PRIVATE NON-RESIDENTIAL CONSTRUCTION PERMIT VALUE - U.S. VIRGIN ISLANDS JANUARY 2022 to DECEMBER 2023 Year To Date, Monthly, Quarterly and Annual Totals In Thousands of Dollars U.S.V.I. BUREAU OF ECONOMIC RESEARCH 3/21/2024