The Puerto Rico Economic Development Bank confirmed over the weekend that close to one-sixth of the island’s workers, or about 15.8%, are self-employed. The data was provided at a press conference during the United Retailers Association’s (CUD in Spanish) convention, when EDB President Luis Alemañy said that as Pandemic Unemployment Assistance (PUA) benefits come to […]
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 […]
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