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January 19, 2022

General Fund Revenue Up in November

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...
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January 7, 2022

Quiebras disminuyen un 24.5% en 2021

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...
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December 4, 2021

Bankruptcy Filings November 2021

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...
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November 11, 2021

Inflation in the US jumped 6.2% in October

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.
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November 5, 2021

Millonaria asignación de fondos ARPA impulsarán el mercadeo turístico a niveles competitivos

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...
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October 29, 2021

Housing Market Declines in September

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...
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