Puerto Rico's economic activity drop driven by cement sales
Published by Joseph Green,
Editor
World Cement,
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%.
Edited from source by Joseph Green. Source: Reuters
Read the article online at: https://www.worldcement.com/the-americas/04012016/puerto-rico-economic-activity-drop-driven-cement-sales-255/
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