PHILIPSBURG:--- On Thursday, June 23rd, 2022, the SHTA held its Annual General Meeting, hosted by Carl’s Unique Inn.
Members came together to hear an address of the sitting President Paul Henriquez on the state of the economy and its recovery from both Irma and the pandemic.
The presentation focused on GDP Value Added, defined as:
The value-added of an industry, also referred to as gross domestic product (GDP)-by-industry, is the contribution of private industry or government sector to the overall GDP. The components of value-added consist of compensation for employees, taxes on production and imports, less subsidies, and ...
