Initiates networking events as it prepares to take over electrical generation in Puerto Rico on July 1. #NewsismyBusiness
Puerto Rico’s Purchasing Managers Index for the manufacturing sector increased to 52.8 in February, vaulting over the 50-point threshold after two consecutive months of falling short, the report released Tuesday by the Puerto Rico Institute of Statistics revealed.
Puerto Rican consumers get the equivalent of 86 cents out of every dollar they receive, which puts a significant squeeze on their purchasing power as the price of most goods and services continues to increase.