Manufacturing activity has advanced steadily over the past 10 months and, for the first time since the COVID-19 outbreak, has exceeded the pre-pandemic level, according to the Manufacturing Coincident Indicators Index (IICM, in Spansih) for February 2021. Industrial activity in February increased 0.6% (seasonally adjusted) and registered a value of 104.1 points when compared to […]
Puerto Rican operation MetalMax Caribe, LLC. unveiled its development plans to the Department of Economic Development and Commerce (DDEC, in Spanish) that include a new plant for the manufacture and distribution of products made with a variety of metals such as aluminum, galvalume, stainless steel and galvanized steel, for the construction industry, among others. This […]
Puerto Rico’s average worker makes about $25,332 a year, according to a study by the Census Information Center of the University of Puerto Rico in Cayey, based on numbers from the US Census for 2017. The Center’s Director, Economist José Caraballo-Cueto, explained that the most recent economic Census provides data on a cross-section of private […]
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