Puerto Rico's economic activity index dropped 0.5% year-on-year in November, caused in part by a 2.5% fall in cement sales.
The index is closely correlated with overall economic performance measured as gross national product, and has four main indicators: cement sales, gas consumption, non-farm payroll and electric power generation.
In comparison to cement, on-farm payroll employment increased 0.5% year-on-year in November, while electric power generation dipped by 0.5%.
A new partnership helps to increase cargo handling specialist CargoFlexX’s network in Singapore, while in North America the Lake Carriers’ Association reports a decline in limestone shipments.
According to the Government Development Bank of Puerto Rico’s Economic Activity Index, 1.29 million bags of cement were sold in April 2014, down 17.5% y/y.