The Puerto Rico Statistics Institute and its Executive Director Mario Marazzi participated this week in the Economic Commission for Latin America and the Caribbean’s VII Meeting of the Statistical Conference of the Americas, in Santiago, Chile.
Puerto Rico Agriculture Secretary Myrna Comas told lawmakers during budget hearings Monday that upon arriving to the agency in January, she uncovered an entity “in a precarious situation, with the lowest budget in its history, only 337 employees, no updated agricultural statistics, and no field level progress reports to evaluate and track work."
Puerto Rico Statistics Institute Executive Director Mario Marazzi asked the Legislature to assign the agency a budget of a little more than $1.2 million for fiscal 2014, when it has set out to undertake 25 projects to expand and improve information databases.
Puerto Rico’s seasonally adjusted unemployment rate in January was 14.6 percent, representing a drop of 0.7 percentage points when compared to the same month last year, when it stood at 15.3 percent, Labor Secretary-designate Vance Thomas said Monday.
Puerto Rico Statistics Institute Executive Director Mario Marazzi-Santiago was recently elected member of the International Statistical Institute, a nonprofit, non-governmental organization that has had consultative status by the Economic and Social Council of the United Nations since 1949.
In very few elections will the economy be so present in the minds of Puerto Rico voters as in the one coming up Nov. 6.
Dr. John Stewart, who worked for many years as an economic advisor at the Puerto Rico Industrial Development Company, used to say that if you tortured the statistics long enough, they would tell you what you wanted to hear.
The Puerto Rico Statistics Institute unveiled Tuesday the island’s first online centralized database for current and detailed import and export activity that pursues facilitating decision-making on investment and business in this market, Statistics Institute Executive Director Mario Marazzi-Santiago said.
Puerto Rico’s retail sales showed a slight increase of 1.74 percent from January to August, when total activity exceeded $22.9 billion, from the $22.5 billion during the same eight-month period in 2010, the latest report released by Puerto Rico Trade shows.
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