Puerto Rico’s Economic Activity Index reached a level of 121.9 in July 2018, representing an increase of 0.2 percent compared to June 2018 and a decrease of 0.3 percent when examined against July 2017.
On a non-seasonally adjusted basis (NSA), the Purchasing Managers Index for Puerto Rico’s manufacturing sector edged down to 49.1 in November, suggesting a contraction in the sector with respect to the previous month.
The majority of Puerto Rico’s 78 municipalities are in dire financial conditions, with more than half carrying deficits on their general funds, the Center for Integrity in Public Policy (CIPP) revealed in its third annual ...