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Territorial GDP estimates to be announced

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by Mindy Aguon

Guam - Interior Secretary Ken Salazar will hold a joint press conference with Commerce Secretary Gary Locke tomorrow to present the first set of gross domestic product estimates for the four territories of American Samoa, Guam, the Northern Mariana Islands and the U.S. Virgin Islands.  Last March, the two agencies signed an agreement as the Commerce Department agreed to assist Guam and other territories with developing or producing annual GDP statistics.

$1.6 million was provided for the review. Congresswoman Madeleine Bordallo and the other territory's representatives will be on hand for the presentation.

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