Summary Background

ABBREVIATIONS

ACS                       American Community Survey

BLS                        U.S. Bureau of Labor Statistics

DDEC                    Puerto Rico Department of Economic Development and Commerce

CEDS                     Comprehensive Economic Development Strategy

CFC                       Controlled Foreign Corporation

COA                      Course of Action set forth in the Recovery Plan

CPCB                    Community Planning and Capacity Building

CDBG-DR             Community Development Block Grant – Disaster Recovery

EIA                        U.S. Energy Information Administration

EDA                       U.S. Economic Development Administration

EDD                      Economic Development District

FCC                       Federal Communications Commission

FOMB                   Financial Oversight and Management Board of Puerto Rico

FTZ                        Foreign Trade Zone

GDB-EAI               Government Development Bank for Puerto Rico Economic Activity Index

GDP                      Gross Domestic Product

GPR                       Government of Puerto Rico

HSOAC                 Homeland Security Operational Analysis Center

IRC                        Internal Revenue Code of the United States

LFPR                     Labor Force Participation Rate

LQ                         Location Quotient

PBPA                     Point Blank Protective Apparel

PHSU                    Ponce Health Sciences University

PREPA                  Puerto Rico Electric Power Authority

PRI                        Ponce Research Institute

PRIDCO                Puerto Rico Industrial Development Company

PROMESA            Puerto Rico Oversight, Management, and Economic Stability Act

QCEW                  Quarterly Census of Employment and Wages from the U.S. Bureau of Labor Statistics

QOZ                      Qualified Opportunity Zone

SMR                      Small Modular Reactor

SPREDD                Southern Puerto Rico Economic Development District

TCJA                     Tax Cuts and Jobs Act

WIOA                  Workforce Innovation and Opportunity Act