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Blog 2 Columns With Frame

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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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March 9, 2023

Purchasing Managers Index Indicates Minimal Growth for January 2023

The Purchasing Managers Index (PMI) for the month of January 2023 was 50.5, 10.3% lower than the previous month of December 2022 PMI of 56.3 and compared to January 2022 with a PMI of 56 is 9.8% lower. For context the PMI is a measure of the economic course the manufacturing sector experiences where a...
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March 9, 2023

Auto Sales Experienced a Reduction for the Second Consecutive Month in February 2023

On February 2023 auto sales amounted to 9,309 auto units sold, compared to January 2023 value of 9,505 in auto sales was a reduction on auto sales by 2.1% and presents a reduction of 16.3% compared to the February 2022 auto sales of 11,117 units. While the fluctuating behavior of auto sales and its dependence...
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