Puerto Rico Economic Pulse ©

August 2001: Is Puerto Rico in an Economic Slowdown?

An Analysis of Current Economic Indicators Provides the Answer

For the seventh consecutive time this year, the Federal Reserve has cut interest rates hoping that an easing in monetary policy could prevent the US economy from a recession. But the sharp slowdown in the US economy has already triggered a slowdown in the output of countries ranging from Latin America to Japan. Find out whether the Island economy is in a slowdown. How are companies and the consumer managing? If the US is in a `technical slump`, then what can we expect given the close relationship between the US and Puerto Rico`s economy? This issue analyzes what PR`s key monthly economic indicators are signaling in relation to the current pulse of the economy.