The drop in real GDP reflected a rise in imports and drops in exports and private fixed investment (PFI), the BEA reported. #NewsismyBusiness
U.S. Bureau of Economic Analysis shifts from traditional GNP to GDP, which merits discussion. #NewsismyBusiness
In its report, the BEA discussed the impact of the COVID-19 pandemic on the 2021 Puerto Rico GDP estimate. #NewsismyBusiness
Real gross domestic product (GDP) increased 0.3% in 2019 after decreasing 2.4% in 2018, according to estimates released by the Bureau of Economic Analysis (BEA). The statistics released are BEA’s first official release of GDP for Puerto Rico. The release includes updated estimates for 2012 to 2018 that incorporate new and additional source data and […]
The U.S. Department of Commerce’s Bureau of Economic Analysis released prototype annual estimates of gross domestic product (GDP) for Puerto Rico for the years 2012 to 2018, the agency announced. This publication “represents another major step by the Bureau to develop comprehensive economic accounts for Puerto Rico that are consistent with international guidelines and that are […]
This effort complements the implementation of Department of Economic Development and Commerce Reorganization Act.
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