Puerto Rico’s Economic Activity Index (EDB-EAI) reached a maximum level of 118.9 points, a number that represents a year-over-year increase of 8%, Economic Development Bank President Luis Alemañy confirmed. “This is the fourth year-over-year increase after 12 consecutive decreases. If compared to the previous month, the EDB-EAI growth rate decreased 0.5%. The interannual results reflect […]
Puerto Rico’s Economic Activity Index (EDB-EAI) for May 2021 reached a maximum level of 119.4 points representing a year-over-year increase of 7.9%. When compared to the previous month, the index rose by 0.2%, Luis Alemañy, president of the Puerto Rico Economic Development Bank, which produces the report, confirmed. The EDB-EAI contracted 5% in 2020, reaching […]
Puerto Rico’s economic activity showed slight growth in January and February 2021, with 118.8 and 119.3 points, respectively, but took a tumble year-over-year with drops of 3.2% in January and 2.3% in February 2020. Puerto Rico Economic Development Bank President Luis Alemañy said the Economic Activity Index (EAI-BDE) analysis period includes the months when the […]