PRESS RELEASE

Statistics Institute publishes new section on economic indicators

The executive director of the Puerto Rico Statistics Institute (Institute), Dr. Orville M. Disdier, announced the availability of a new section of some economic indicators on its website, presented through interactive graphics.

“Fulfilling our mission of providing citizens with universal and rapid access to statistics, we created this section that will serve as a reference for government and private enterprise, in economic terms. In the same way, as the section is nourished with new data, it could eventually help outline plans for economic recovery due to COVID-19,” said Disdier.

The section currently has interactive graphics covering the period from March 2017 to May 2020, which will be updated as the Institute receives information from the agencies or entities concerned. The first of them, Puerto Rico Manufacturing Purchasing Managers Index (PRM-PMI), is an indicator that measures the short-term productive side of Puerto Rico's economy, specifically manufacturing, and includes employment indicators, supplier deliveries, inventories, new orders and production.

In the graph, Production and Consumption of Electric Energy in Puerto Rico, information can be obtained from indicators, such as active customers, net generation in millions of kilowatt-hours (mKWh), total consumption (mKWh), cost per kWh purchased, and total income, among others.

Users of the page will also be able to access the graph, Total Non-Agricultural Wage Employment, adjusted and without seasonal adjustment.

In the fourth graph that the section currently has, you can obtain data on the number of initial Unemployment Insurance claims, which they receive at the Department of Labor and Human Resources in Puerto Rico.

The new economic indicators section can be found at www.estadisticas.pr.gov and can be accessed directly at the following Internet address: https://cutt.ly/2uv06YI.

“We call on agencies and the private sector that work with updated data or statistics that impact the Puerto Rico economy, both agriculture, international trade, and goods and services industries (manufacturing, tourism, construction, finance, consumption, among others), to contact us so that we can continue to add economy-related indicators that serve as a reference for decision-making for the well-being of Puerto Rico,” said Ana Gabriela Jara Castro, Manager of Statistical Projects.

About the Institute of Statistics

The Puerto Rico Statistics Institute is an autonomous governmental entity responsible for coordinating the Government's statistical production service to ensure that the data collection and statistics systems, on which public policies are based, are complete, reliable, and have quick and universal access.

For more information you can visit the website www.estadisticas.pr.gov or surveys on the social networks of Facebook (@estadisticas .pr), Twitter (@EstadisticasPR) and LinkedIn (Institute of Statistics of Puerto Rico).

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Press Contacts:

Idia Martinez/787-603-3200/ imartinez@upfrontpr.net

Lourdes Burgos/787-562-2932/ lourdesburgos09@gmail.com

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