The consumer price index for Puerto Rico for the month of December 2021 came in at 124.15. This was a 0.03% increase when compared to November 2021, and a 4.2% increase when compared to December 2020. Some of the categories with the largest year over year increases were motor fuel (38.9%), lodging away from home...Read More
General fund revenue in Puerto Rico reached a total of $758 million for the month of November 2021. Compared to November 2020, revenue increased by $102 million, or 15.6%. Compared to the previous month, revenue was down $128 million (14.5%). Government revenue is currently on pace to surpass both the 2020 calendar year and the...Read More
General fund revenue in Puerto Rico reached a total of $758 million for the month of November 2021. Compared to November 2020, revenue increased by $102 million, or 15.6%. Compared to the previous month, revenue was down $128 million (14.5%). Act 154 revenue totaled $55 million. Compared to November 2020, it decreased by $10 million...Read More
Retail sales in Puerto Rico during the month of September reached a total of $2.898 billion. Compared to the previous month of August, retail sales decreased by $185 million, or 6%. Compared to 2020, sales increased by $246 million (9.3%). For many totals, 2019 remains a useful point of comparison. Compared to 2019, retail sales...Read More
There were a total of 276 bankruptcy filings in Puerto Rico during the month of November. Of these, 106 were chapter 7, 169 were chapter 13, and 1 was chapter 11. Compared to 2020, chapter 7 filings were down by 23.7%, chapter 13 filings were down by 7%, and chapter 11 filings were down by...Read More
There were a total of 276 bankruptcy filings in Puerto Rico during the month of November. Of these, 106 were chapter 7, 169 were chapter 13, and 1 was chapter 11. Compared to 2020, chapter 7 filings were down by 23.7%, chapter 13 filings were down by 7%, and chapter 11 filings were down by...Read More
This week, the Labor Department published the Consumer Price Index and prices for U.S. consumers jumped 6.2% in October compared with a year earlier, leaving families facing their highest inflation rate since 1990. The year-over-year increase in the consumer price index exceeded the 5.4% rise in September.Read More
Los fondos para la promoción turística de la Ley del Plan de Recate Americano (ARPA, por sus siglas en inglés) permitirán que, por dos años, Puerto Rico cuente con un presupuesto para el mercadeo turístico en el exterior similar a lo que invierten algunos de los principales destinos que compiten con la Isla, como la...Read More
There were a total of 1,079 housing units sold in Puerto Rico during the month of September 2021. Compared to the previous month of August, there were 13 fewer units sold, or a decrease of 11%. Compared to September 2020, there was a decrease in sales of 109 units, or 9.2%. There were a total...Read More
The following is a press release from the FOMB outlining their acceptance of the new Plan of Adjustment. La Junta de Supervisión y Administración Financiera para Puerto Rico anunció hoy su disposición para continuar con el proceso de confirmación del Plan deAjuste con el fin de reducir la deuda del Gobierno en un 80% y...Read More
