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Puerto Rico's economic activity drop driven by cement sales

Published by
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

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