Puerto Rico Economic Activity Index Up in November

Puerto Rico's economic activity index rose for a third straight month in November.

The index gained 0.05% following a 1.1% increase in September and a 0.6% increase in October.

The increase was led by a 6% rise in cement production compared to November 2012. Seasonally adjusted total non-farm payroll employment increased 0.1%.

On the other hand, cement sales, gasoline consumption and electrical power consumption declined. Relatively low temperatures in November may have contributed to the lower power consumption, the Government Development Bank of Puerto Rico said.

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