In
Tag:
0

Economic Activity Index reaches highest point since February 2016

Intelligent Economics > Blog > Economic Activity Index reaches highest point since February 2016

The Economic Activity Index (EAI) is a measure of the island economic activity calculated by the Economic Development Bank of Puerto Rico.  It is based of four macroeconomic indicators, Total Non-Farm Payroll, Electric Power Generation, Gas Consumption and Cement Sales.   Altogether these indicators closely model trends in the islands production, because of this, changes in this index are indicative of changes in the output of the Puerto Rican Economy.

The economic activity index reached 125.4 in March 2022, its highest point since February 2016. When compared to February 2022 the EAI increased by 0.4%, meanwhile when compared to March 2021 the EAI increased by 3.9%.

Related Posts

Leave a Reply