Economist Kristy Howell, of the Bureau of Economic Analysis, sits down with News is my Business for a podcast session. (Credit: Diego A. Cantor)
The U.S. Department of Commerce’s Bureau of Economic Analysis is working on establishing a clear picture of Puerto Rico’s economy, and laying down a uniform methodology in line with U.S. mainland states and territories, countries across the world.
In this episode of “Dollars & Sense,” Kristy Howell, economist with the BEA, provides more insight on the preliminary numbers released this week. Local economist Juan Castañer, from local analysis firm Estudios Técnicos, reacts to the findings.
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Business reporter with 30 years of experience writing for weekly and daily newspapers, as well as trade publications in Puerto Rico. My list of former employers includes Caribbean Business, The San Juan Star, and the Puerto Rico Daily Sun, among others. My areas of expertise include telecommunications, technology, retail, agriculture, tourism, banking and most other segments of Puerto Rico’s economy.
“After 10 years of Act 247-2015 [Law for the Promotion of Reusable Bags and the Regulation of the Use of Plastic Bags], we must seriously examine whether public policy has produced the expected effects.
We need to see the full picture: protecting the environment, weighing costs for consumers and ensuring viability for retailers. Our duty is to consider amendments or new strategies that bring a fair and effective balance for Puerto Rico.”
— Sen. Nitza Morán, chairwoman, Puerto Rico Senate Committee on Economic Development, Small Business, Banking, Commerce, Insurance and Cooperativism