Tag

Manufacturing
sparks, grind, metal-1405851.jpg
The  Secretary of the Department of Economic Development and Commerce (DDEC), Manuel Cidre Miranda, announced that the manufacturing sector reflected its eighteenth consecutive month of increase at a monthly rate in October. According to the of Coincident Index Indicators in Manufacturing (IICM), the month of October 2021 registered a preliminary value of 107.0 points (2016=100),...
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sparks, grind, metal-1405851.jpg
The  Secretary of the Department of Economic Development and Commerce (DDEC), Manuel Cidre Miranda, announced that the manufacturing sector reflected its eighteenth consecutive month of increase at a monthly rate in October. According to the of Coincident Index Indicators in Manufacturing (IICM), the month of October 2021 registered a preliminary value of 107.0 points (2016=100),...
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The Secretary of the Department of Economic Development and Trade (DDEC), Manuel Cidre Miranda announced this morning the launch of new initiatives for local small and medium businesses. These are directed at a variety of commercial activities that promote economic and job growth. “This year has been key for many citizens to take the first...
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The Purchasing Managers Index for Puerto Rico stood at 56.8 in October. A reading over 50 implies an expansion of the Manufacturing industry to the previous month. The PMI has remained over the threshold for over 11 months. All subindexes had a reading above the threshold except for own inventories. Over 61.3% of manufacturing establishments...
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welder, welding, work-3018425.jpg
The Purchasing Managers Index for Puerto Rico stood at 56.8 in October. A reading over 50 implies an expansion of the Manufacturing industry to the previous month. The PMI has remained over the threshold for over 11 months. All subindexes had a reading above the threshold except for own inventories. New orders increased to 53.2...
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The Purchasing Manager’s Index in September registered at 53.2. A reading over 50 implies an expansion of the Manufacturing industry to the previous month. The PMI has remained over the threshold for over 10 months. The PMI subindexes of New orders and Production shrunk with respect to August 2021. Production, Employment, and Supplier Deliveries all...
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The Purchasing Manager’s Index in September registered at 53.2. A reading over 50 implies an expansion of the Manufacturing industry to the previous month. The PMI has remained over the threshold for over 10 months. The PMI subindexes of New orders and Production shrunk with respect to August 2021. Production, Employment, and Supplier Deliveries all...
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The purchasing manager’s index for Puerto Rico for the month of August came in at 53.8. There was a two-point reduction in the index compared to the previous month of July, a 3.6% decrease. Compared to August 2020 however, the index is 5.7 points or 11.9%, higher. The past 4 months have alternated between higher...
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Pharmaceutical and medical manufacturing is one of the most important components of the Puerto Rican economy. In the 2020 fiscal year, this sector received more than $30 billion in net income. Compared to 2019, net income for this sector increased by 0.03%. We can expect this total to decrease for FY2021 due to the recession...
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The purchasing manager’s Index for June 2021 stood at 53.3. A reading over 50 suggests an expansion for the industry. Compared with May 2021, the index fell by 0.7% compared with the previous month and -10.4% compared with the same month in 2020. The average PMI from January to June was 50.06, while in 2021,...
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