Article: Retail Sales on U.S. Virgin Islands Exceed $1 Billion, Census Bureau Reports.

/CAUTION -- ADVANCE FOR RELEASE AT 12:01 P.M. EST FRIDAY, NOV. 26/

/ADVANCE/ WASHINGTON, Nov. 26 /PRNewswire/ -- The retail trade sector of the U.S. Virgin Islands economy produced $1.1 billion in sales in 1997, up 20 percent over 1992, the Commerce Department's Census Bureau reported today.

Retail was the largest of the five sectors covered by the 1997 Economic Census of the Virgin Islands. Other sectors were wholesale trade, manufactures (excluding selected industries), construction and service industries. Retail trade accounted for nearly one-half of the $2.3 billion in 1997 sales or revenues reported for all the covered sectors.

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