Articles about tag Department of Economic Development and Commerce

DDEC and Lufthansa Technik Puerto Rico Reach Agreement to continue supporting Employment Opportunities and Increasing Supply of Local Goods and Services

Thursday 29th of April 2021 Press Releases

Manuel Cidre Miranda, Secretary of the Department of Economic Development and Commerce (DEDC), announced that Lufthansa Technik Puerto Rico (LTPR), LLC agreed to receive funding support from the Government of Puerto Rico to cope with the challenges the aviation industry is facing. ... [...]

Economic Development Encourages Retention and Job Creation, Supporting Abbott Expansion in Barceloneta

Thursday 1st of April 2021 Press Releases

Manuel Cidre Miranda, Secretary of the Department of Economic Development and Commerce (DEDC), announced the allocation of $2,610,000 in incentives from the Special Fund for Economic Development to Abbott’s Puerto Rico facility to create and retain jobs and acquire machinery and equipment to expand operations.... [...]

Prototype Gross Domestic Product for Puerto Rico, 2012–2018

Monday 28th of September 2020 Press Releases

Today, the Bureau of Economic Analysis (BEA) released prototype annual estimates of gross domestic product (GDP) for Puerto Rico for 2012 to 2018. This release represents another major step by the Bureau to develop comprehensive economic accounts for Puerto Rico that are consistent with international guidelines and that are directly comparable to data for other states and countries.[1] In conjunct... [...]