Median household income in Puerto Rico reached $21,058 in 2020, according to the latest 5-year estimates released by the U.S. Census Bureau. This means that in 2020, half of Puerto Rican households earned more than $21,058 a year while the other half earned less than that. When compared to 2015 median household income increased by...Read More
Loans and leases for commercial domestic banks reached $32,637.5 million in 2021, their lowest point in the last decade. Loans and leases for commercial domestic banks have been declining on a yearly basis for most of the past decade, this pattern continued during 2021. Loans and leases decreased by $1,827.4 million or 5.3% in 2021...Read More
Loans and leases for commercial domestic banks reached $32,637.5 million in 2021, their lowest point in the last decade. Loans and leases for commercial domestic banks have been declining on a yearly basis for most of the past decade, this pattern continued during 2021. Loans and leases decreased by $1,827.4 million or 5.3% in 2021...Read More
Median household income in Puerto Rico reached $21,058 in 2020, according to the latest 5-year estimates released by the U.S. Census Bureau. This means that in 2020, half of Puerto Rican households earned more than $21,058 a year while the other half earned less than that. When compared to 2015 median household income increased by...Read More
Intelligent Economics recently released a report detailing notable labor market tendencies in 2021, the findings are summarized below: Monthly employment and labor force averages bounced back to their pre-pandemic levels in 2021Full-time employment grew by 93,000 or 14.1% when compared to 2021Full-time employment increased when compared to 2019 while part-time employment decreasedThere is no evidence...Read More
Cements sales reached 1.06 million 94-lbs bags in January 2022, a 11.5% decrease when compared to January 2021. Furthermore, when compared to December 2021, sales decreased 7.4%. Additionally, January 2022 saw the lowest number of sales since April 2020 . Despite this, cement sales have stayed at about the same level when compared to January...Read More
Cements sales reached 1.06 million 94-lbs bags in January 2022, a 137.6 thousand unit or 11.5% decrease when compared to January 2021. Furthermore, when compared to December 2021, sales decreased by 84.8 thousand units or 7.4%. January 2022, saw the lowest number of sales since April 2020 when only 451.3 thousand units were sold due...Read More
Durante diciembre de 2021 se presentaron un total de 296quiebras, 157 o un 34.7% menos que en diciembre del año anterior. En comparación con noviembre de 2021, las presentaciones disminuyeron en un 20 o 7.2%. En 2021 se declararon un total de 3.863 quiebras, 1.255 o un 24,5% menos que en 2020. En comparación con...Read More
A total of 296 bankruptcies were filed during December 2021, 157 or 34.7% less than in December of the previous year. When compared to November of 2021 filings decreased by 20 or 7.2%. A total of 3,863 bankruptcies were filed in 2021, 1,255 or 24.5% less than in 2020. When compared to 2019 bankruptcy filings...Read More
A total of 9,570 new automobiles were sold in September 2021 in Puerto Rico, a 1,138 unit or 13.5% increase when compared to September 2020. When compared to August 2021 sales decreased by 1,1,85 units or 11.2%. Despite sales decreasing when compared to the previous month, they remain well above pre-pandemic levels with September 2021...Read More
