By

Chantal Benet
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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...
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La firma Inteligencia Económica Inc. relanzó su portal de indicadores económicos ampliando su enfoque de análisis hacia la economía internacional y modelos de proyecciones mediante la utilización de algoritmos.
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New and used housing units sales have been released for July 2021. Total housing units sold were 1,212 for $203,080,412 of aggregated sales. On average, housing units were sold for $167,558.10 each one. Total loans stood at $181,342,617, 4% more than in June and 30% more than in July 2020. Total units sold in July...
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In June 2021, the Consumer Price Index stood at 270.98. When compared to May 2021, the index grew by 0.9%. It has been the most significant month-to-month increase since 2008. When compared to June 2020, the index reflects inflation of 5.1%, which is the largest increase year to year since 2008. An increase of the...
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In July 2021 in Puerto Rico, there were 244 total bankruptcy filings. Of these fillings, 99 were chapter 7, 140 were chapter 13, and 5 were chapter 11. Compared with June, there were 84 fewer filings or a decrease of 25.6%. Compared with May 2020, there were 31 more periodic filings or a reduction of...
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The Treasury Department collected $1,414.6 million in May, the most significant amount since April 2019. The collections, which are not comparable to the $516.0 million collected in May of last year, are $42.9 million higher than the government’s forecasts.Individual contributions reached $369.2 million, the largest amount in 25 months. Corporations paid $359.8 million, up threefold...
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Out of the 798,840 non-resident visitors to Puerto Rico in the year 2020, 742,739, or 93%, came from the United States, 14,927, or 1.8%, came from Europe, 10,765, or 1.3%, came from Canada, and the rest came from Asia, Latin America, Africa, and Oceania. Within the United States, which is the most popular place of...
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Non-farm payroll in the United States totaled 146,821,000 for the month of July 2021. Compared with the previous month of June, 266,000 jobs were added, a growth rate of 0.6%. This is the highest employment level since March 2020. Job recovery has reportedly slowed down despite still being on the rise. Compared to July 2020,...
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According to data from Southeast Aeroports Group (ASUR), in July, 1,118,931 passengers passed through the airport of San Juan. Passenger traffic is 91.2% higher in the first seven months of this year than in the same period last year, but 2.3% lower than in 2019. In July, traffic tripled compared to the previous year’s same...
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