Puerto Rico Economic Activity Index Rises for Second Month

Puerto Rico's economic activity index rose 0.2% in August from July, its second straight month-over-month increase.

Though up from July, the index has fallen 1% from August 2015. The Puerto Rico Fiscal Agency and Financial Advisory Authority compiles the index.

Three of the four index components rose in August from a year earlier. Electric power generation increased 1%, cement sales grew 3.1%, and preliminary gasoline consumption expanded 2%.

Nonfarm employment decreased 0.3% in August from a year earlier.

The index rose 0.1% in July from June, the first month-to-month increase in 17 months.

 

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Puerto Rico
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