From Fox News Latino:
The Puerto Rican economy contracted in the first quarter of this year
by 1.9 percent compared with the same period last year, the Government
Development Bank, or BGF, said Wednesday. Just in March, the Economic
Activity Index fell by 0.4 percent compared with the same month in 2014,
according to BGF figures, which has begun making this calculation inclu-
ding a seasonal adjustment to try and reduce the volatility associated with
different periods of the year. If that adjustment would not have been made,
the index would have shown a 1.5 percent decline compared to March
2014, and a 0.1 percent advance compared with the previous month. In
adjusted terms...[CONTINUE READING]
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