BusinessWorld April 30, 2021 | 12:32 am By Researcher THE economy of the National Capital Region (NCR), alongside those of Calabarzon and Central Luzon, suffered double-digit contraction that weighed heavily on the countryâs output last year, the Philippine Statistics Authority (PSA) reported on Thursday. All 17 regions posted declines, reflecting the Philippine economyâs downward revised record 9.6% drop last year amid strict lockdowns put in place to contain the spread of the coronavirus disease 2019 (COVID-19). Preliminary results from the PSA 2020 Regional Accounts showed NCR shrank by 10.1% last year from the 7% growth recorded in 2019. Other regions that posted double-digit declines were Calabarzon at 10.5% and Central Luzon with the worst decline in all regions posted 13.9%. The previous annual gross regional domestic product (GRDP) of these regions were recorded at 4.6% growth and 5.9% expansion, respectively.