The retail analysis of Puerto Rico’s economic landscape holds paramount importance, as it serves as a crucial indicator of our economy’s expansion. An increase in retail sales signals a robust and thriving economy, whereas a decline indicates the opposite. Examining the total retail sales for the period between April 2022 and April 2023, we observe a noteworthy 2.6% increase, with sales reaching $3 billion in April 2022 and $3.1 billion in April 2023. These figures convincingly suggest that Puerto Rico is currently experiencing a healthy economic state.
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