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Mission Statement
The mission of the Bureau of Economic Research (BER) is to provide information
on the state of the economy of the US Virgin Islands in support of both
public-sector and private-sector decision-making. One of its most
important functions is the production of routine statistical reports.
In any given month, the Bureau of Economic Research produces and distributes
hundreds of indicators relevant to the United States Virgin Islands economy.
The Bureau also regularly conducts special research projects, in the form
of briefing papers and special analyses or surveys.
Information compiled and produced by the Bureau of Economic Research
is used in many ways. Government agencies use the Bureau's data for
operational planning and is documented for federal grant applications,
bond issues, database development, impact analysis and forecasting.
Local businesses and prospective investors typically rely on the Bureau
of Economic Research information for feasibility analysis to establish
new businesses or expand existing ones. Students and other researchers
are also regular consumers of our research products.
The Bureau of Economic Research is a major provider of technical assistance
in the areas of economic development planning, financing, special project
management, general economic analyses and information management.
Most of these efforts are funded through federal grants obtained by the
Bureau of Economic Research. Since 1991 the Bureau of Economic Research
has managed 25 different grant projects totaling $3 million in award value.
The Bureau is the Territory's lead agency responsible for collaborating
with the US Census Bureau in the conduct of the Virgin Islands Economic
Census, and the Economic Development Administration (EDA) in its efforts
to foster economic development. |
