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C. Luzon's economy rebounds to 7.4% in 2021

ECONOMIC PERFORMANCE. NEDA Central Luzon regional director Gina Gacusan reports the 2021 economic performance of Central Luzon during a news conference in the City of San Fernando, Pampanga on Thursday (April 28, 2022). She also cited the importance of implementing the 10-point agenda for economic recovery. (Photo by NEDA Region III) CITY OF SAN FERNANDO, Pampanga - The economy of Central Luzon rebounded last year from a double-digit contraction in 2020, the Philippine Statistics Authority Regional Statistical Services Office-Central Luzon (PSA RSSO III) reported on Thursday. Results from the latest regional accounts showed the region's economic output rose to 7.4 percent last year, reversing the 13.9-percent drop in 2020. Central Luzon was among the four regions with the highest economic growth in 2021. Calabarzon ranked first with 7.6-percent growth, followed by Bangsamoro Autonomous Region in Muslim Mindanao and Cordillera Administrative Region, both with 7.5 percent. Of the 5.7 ....

Davao City , Arlene Divino , Gina Gacusan , Philippine Statistics Authority Regional Statistical Services Office , Central Luzon , Bangsamoro Autonomous Region , Muslim Mindanao , Cordillera Administrative Region , Economic Performance Neda Central Luzon Regional Director Gina Gacusan Reports The 2021 Of Duringa News Conference In City San Fernando , Ampanga On Thursday April 28 , 022 She Also Cited The Importance Of Implementing 10 Point Agenda For Economic Recovery Photo By Neda Region Iii City San Fernando , Ampanga The Economy Of Central Luzon Rebounded Last Year Froma Double Digit Contraction In 2020 , He Philippine Statistics Authority Regional Statistical Services Office Central Luzon Psa Rsso Iii Reported On Thursday Results From The Latest Accounts Showed Region 39s Economic Output Rose To 7 4 Percent Last Year , Eversing The 13 9 Percent Drop In 2020 Central Luzon Was Among Four Regions With Highest Economic Growth 2021 Calabarzon Ranked First 7 6 , Ollowed By Bangsamoro Autonomous Region In Muslim Mindanao And Cordillera Administrative , Oth With 7 5 Percent Of The Economic Growth In Country , Entral Luzon Was The Third Largest Contributor To Increase With 0 8 Percentage Points , Ccounting For 10 9 Percent Of The Total Gross Domestic Product Gdp Meanwhile , He Sub Industries With The Highest Growth Rates In Region Were Mining And Quarrying 41 4 Percent Human Health Social Work Activities 21 9 Manufacturing 17 1 On Other Hand , He Region 39s Agriculture , Nd Fishing Further Declined By 6 Percent Last Year From 5 In 2020 The Psa Rsso Iii Also Reported That Services Accounted For 46 Of Region 39s Total Economy 2021 , Ollowed By Industry With 42 2 Percent And Agriculture , Nd Fishing With 11 8 Percent Services Rebounded To 5 In 2021 From 10 2020 Ina Report , So Rsso Iii Officer In Charge Arlene Divino Attributed The Growth To Increase All Its Sub Industries , Ainly Human Health And Social Work Activities , Information And Communication ,