February 4, 1861: The Confederate States of America (CSA) was formed. The Southern states seceded at different dates and joined the CSA at different dates; to simplify the map, only the final form of the CSA is shown here. There were rebel governments as well as Union governments in Kentucky and Missouri, and the CSA had full control over Indian Territory.
El Vocero: Global Feed Primera Hora: Politica El Nuevo Dia: Politica El Nuevo Dia: Jose A. Delgado (Washington, D.C.) WAPA.tv: Noticias New York Times: Puerto Rico Feed NEW AMERICA FOUNDATION: POLICY PAPERS FEED NotiUno: Resumen (AM) NotiUno: Resumen (PM) PRFAA: GLOBAL FEED$93.52 Billion Exchange Rate GDP: Ranked 61st out of 216 World Economies!
$46.9 Billion in Exports & $29.1 in Imports = Net Exporter by $17.8 Billion (37% Trade Surplus)
(Larger than the economies of fifteen U.S. States)
Puerto Rico has one of the most dynamic economies in the Caribbean region. A diverse industrial sector has far surpassed agriculture as the primary locus of economic activity and income. Encouraged by duty-free access to the US and by tax incentives, US firms have invested heavily in Puerto Rico since the 1950s. US minimum wage laws apply. Sugar production has lost out to dairy production and other livestock products as the main source of income in the agricultural sector. Tourism has traditionally been an important source of income with estimated arrivals of more than 3.6 million tourists in 2008.
Economic Recession Has Shrunk PR Economy, but Growth is Expected Ahead.
GDP (purchasing power parity):
$64.84 billion (2010 est.)
$67.87 billion (2009 est.)
$71.07 billion (2008 est.)
$72.89 billion (2007 est.)
Note: data are in 2009 US dollars.
Growth Since 2000:
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Thomas L. Friedman: Opinion Feed SOLID PRINCIPLES: GLOBAL FEED THE HAVANA NOTE: GLOBAL FEED
