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Median Household Income Increased by 12.1% over the Last Decade

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...

Loans and Leases reach their lowest point in the last 10 years

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...
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Population without health insurance up 1.8% in 2020

Puerto Rico Health insurance Coverage 2020 The US Census Bureau carries out a yearly survey called the American Community Survey (ACS). This is one of the main sources of demographic...
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Census Bureau Data Confirms Increase in Remote Work

The US Census Bureau carries out a yearly survey called the American Community Survey (ACS). This is one of the main sources of demographic information for the United States and...
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New car unit sales increase 5.5% in February

New car unit sales totaled 11,117 in February 2022, a 5.47% increase compared to February 2021 (10,540 units), and a 6.8% increase compared to January 2022 (10,407 units). this is...

La inteligencia artificial y la nueva revolución comercial

El COVID-19 ha tenido el efecto de acelerar profundos cambios económicos y sociales que a penas comenzamos a entender. Por ejemplo, uno de estos cambios, es la intensificación del comercio...

Las repercusiones económicas sobre Puerto Rico de la guerra en Ucrania

El conflicto militar en Ucrania, desatado mediante la invasión rusa el 24 de febrero tiene fuertes efectos sobre la economía local y la economía global. En primera instancia, ocurre en...

US Retail Sales Grow in January 2022

Retail sales in the United States reached a seasonally adjusted total of $649 billion in January 2022. Compared to January 2021, there was an increase in sales of 13%. Amongst...
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Cement sales decrease by 11.5% in January 2022

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...

Retail Sales Up 18.3% in November 2021

Retail sales in Puerto Rico during the month of November 2021 reached a total of $3.096 billion. Compared to November 2020, sales increased by $478 million (18.3%), while compared to...
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Exports increase by 23.2% in November 2021

For the month of November 2021, exports totaled $5.38 billion, a 23.2% increase compared to November 2020, and a 6% increase from October 2020.
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Bankruptcies fell -24.5% in 2021

A total of 3,863 bankruptcies were filed in 2021, representing 1,255 less than in 2020 (-24.5%).
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