Tag

Manufacturing
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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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