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Blog 2 Columns With Frame

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April 18, 2023

New auto sales for March decreased by -4.1%

New car unit sales for March 2023 totaled 10,732 units, this is a drop of 454 units or -4.1% compared to a year- over-year basis of March 2022. It is an increase of 1,423 or 15.3% compared on a month-to-month basis of February 2023. This is the fifth consecutive month of decreases in sales. Still,...
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April 5, 2023

Purchasing Managers Index Increases to 61.1 in February 2023

The Purchasing Managers Index (PMI) for the month of February 2023 was 61.1, 21% higher than the previous month of January 2023 PMI of 50.5 and compared to February 2022 with a PMI of 57.9 is 5.5% higher. For context the PMI is a measure of the economic course the manufacturing sector experiences where a...
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April 5, 2023

Del café a la biotecnología

En tiempos de crisis, la historia siempre es una buena herramienta para entender el presente, y poder proyectarnos hacia al futuro. Desde el siglo 19 al presente, la economía de Puerto Rico ha pasado por diversos ciclos o transformaciones.  Siempre, los puertorriqueños se las han arreglado para superar los desafíos económicos y salir airosos.  Cuando miramos...
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March 30, 2023

Retail Sales Increased 3.8% in January 2023

Retail Sales in January 2023 totaled $2,841.52 million dollars, compared to the same month in the previous year these sales marked a 3.8% increase year over year. This figure also increases the current accumulated value in the seven months for the current fiscal year (July-January) to $22,335.87 million dollars, 3.4% higher than the accumulated value...
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March 29, 2023

Non-Farm Employment Continuing a Positive Trend in February 2023

The Total Non-Farm Employment in Puerto Rico for the month of February 2023 amounted to 941,000 employments, the highest levels of employment since November 2012. These February 2023 values also are a 3.1% increase compared to the previous year’s February 2022 employments, but a minimal 0.1% increase compared to the previous month of January 2023’s...
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March 20, 2023

Evolución reciente de la banca comercial de la Isla

La semana pasada, en Puerto Rico sentimos la sacudida de la crisis de dos bancos en Estados Unidos, y uno en Europa. La intervención de los reguladores federales en el Silicon Valley Bank, ubicado (California), y el Signature Bank (Nueva York), levantó los traumas de la crisis bancaria del 2008, en Estados Unidos, y luego...
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