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An Update On The Competitiveness Of Puerto Rico’s Economy

Economic activity in Puerto Rico remains generally flat at a depressed level and there are no strong signs that a meaningful recovery is taking hold. While Puerto Rico’s economy has historically paralleled the U.S. mainland economy, the Island’s latest downturn started earlier and was much steeper and more prolonged. Puerto Rico has now been in a slump since 2006.

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Publication Date: 
Thursday, July 31, 2014
Report On The Competitiveness Of Puerto Rico’s Economy

Puerto Rico has a number of features that make it a strong and potentially highly competitive economy: literacy rates and educational attainment compare favorably with most economies in the region, the labor force is bilingual, the economy is open and occupies a central position in the Caribbean which provides a gateway between the U.S. mainland and Latin America, and the close ties to the U.S. mainland provide it with many advantages.

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Publication Date: 
Friday, June 29, 2012
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