The economic activity index is an economic model calculated monthly by the Economic Development Bank of Puerto Rico. It uses four important macroeconomic indicators to create a model that closely estimates the island’s GDP. Change in this index is highly indicative of a change in the island’s economic output.
The index reached 124.6 for the month of February 2022. Compared to January, this is a decrease of 0.2%. Compared to February 2021, this was an increase of 3.5%. This was the first month with a month over month decrease in the index since June 2021.