July 22, 2009

Ilocos Region’s Economy Decelerates as AFF Contracts

San Fernando City La Union: Ilocos Region’s economy grew by 2.2 percent in 2008, lower than the 5.7 percent growth in 2007. The decelerated growth was largely due to the negative growth in Agriculture,Fishery and Forestry (AFF).
The service sector, the biggest contributor to the region’s economy [...]