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Blog 4 Columns
May 11, 2022
New car unit sales are up in April
New car unit sales for the month of April 2022 totaled 10,833, only 19 units more (0.2%) compared to April 2021. This...
By
Chantal Benet
0
May 11, 2022
US Inflation remains high at 8.3% in April defying expectations for a bigger drop
Inflation in the United States exceeds expectations and increases the pressure on the Fed for new increases in the interest rate. Consumer...
By
Chantal Benet
0
May 9, 2022
Salaries increased 2.9% in 2021
The Bureau of Labor Statistics published last week new reports for wages nationwide and in Puerto Rico. Average hourly wages for 2021...
By
Chantal Benet
0
May 9, 2022
Inflation in Puerto Rico hits 5.1% in March 2022
In Puerto Rico, the Consumer Price Index (CPI) stood at 124.581 in March 2022, an increase of 5.1% compared to March 2021....
By
Chantal Benet
0
May 9, 2022
The US economy shrank -1.4% in Q1 2022
The US economy shrank at a 1.4% annual rate last quarter despite solid spending by consumers and businesses. This is the first...
By
Chantal Benet
0
May 9, 2022
The Federal Reserve approves the biggest increase in interest rates in 22 years
With the objective to contain inflation, the United States Federal Reserve raised interest rates by 0.5 points, leaving them between 0.75% and...
By
Chantal Benet
0
May 9, 2022
China’s lockdown continues at the expense of the US
Nothing has emphasized more the fragility of the global economy more than the pandemic. And while inflation has been the top subject...
By
Chantal Benet
0
April 20, 2022
General Fund Net Revenue in February 20% higher than projected
Puerto Rico’s General Fund net revenue was reported as a total of $906 million for the month of February 2022. Compared to...
By
Chantal Benet
0
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