Puerto Rico’s Planning Board published the Statistical Appendix for 2021’s Fiscal Year yesterday, September 29, 2022. Said report showed that, contrary to the projections made by the Planning Board itself, Gross National Product grew by 1 % for 2021. This growth is greatly due to),...Read More
In an attempt to increase investment incentives and with it, stimulate the economic growth of the World’s 6th biggest economy, the United Kingdom’s Prime Minister, Liz Truss, signed off on a £45bn tax-cutting package. Measures such as this one are considered to be controversial and...Read More
Puerto Rico’s Statistical Appendix of the Economic Report show’s a year over increment of 4.4% in its Gross Product, reaching $71,580.8 millions of dollars in 2021. Said increment rate was larger than 2019-2020’s year over year change, which pointed out a diminution in Puerto Rico’s...Read More
Los principales indicadores macroeconómicos de la economía mundial parecen indicar que nos acercamos a una posible recesión global, marcada por la desaceleración de la economía de Estados Unidos, de Europa y cierta inestabilidad financiera en China. Ya la economía norteamericana (la principal del mundo) lleva...Read More
Total Employment in Puerto Rico for the month of August 2022 is estimated to be at 1,098,000. This, in comparison to August 2021’s employment numbers, shows a 2.04% increase and a 0.73% increase when compared to July 2022’s total employment estimation. As for total unemployment...Read More