The Economic Activity Indicator (EAI), which assesses the general state of the economy registered, for the fifth consecutive time, a growth above 2% in the Azores in November, reflecting the consolidation of the regional economic recovery trough the continuous evolution of the main activity sectors and data on consumption.
 
The EAI, an index analysed and published in the Azores since 2014, allows the monitoring of the evolution of regional economy in the short term. It reveals that the evolution stood at 2.4% in November 2017, also representing a growth regarding the same month of the previous year, when the growth stood at 1.6 percent.
 
In addition to factors such as seasonality and the variation of the Gross Domestic Product (GDP) - an indicator that reflects wealth generation -, the EAI calculation released by the Regional Statistics Service (SREA) takes into consideration multiple data.
 
The EAI considers the following statistical series: "Milk delivered in Factories," "Slaughtered Cattle," "Unloaded fish," "Energy production," "Production of Dairy Products," "Industrial Power Consumption."
 
Moreover, it also comprises statistical data on "Cement Sales," "Construction Workers," "Passengers landing in the Azores," Overnight stays in Hotel Establishments," "Bank Loans," "Traded Property" and "ATM Withdrawals."