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The month of August saw an overall increase in both Cement Sales and Production with a total of 1,328.6 pounds sold and 789 pounds produced. These figures from Puerto Rico’s Economic Development Bank represent the highest of 2022, barring June of the same year. Compared to July 2022, Cement Sales saw a 19% increase (212.4 pounds); Production saw a 7% increase (50.2 pounds). When contrasting...
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In July 2022, Puerto Rico’s total energy consumption reached 1,514.5KWh. This shows a 1.68% increment when compared to July 2021’s total consumption. When compared to June 2022’s consumption, there is only a 1.28% increment in July 2022’s total consumption. Overall, Puerto Rico’s total energy consumption has seen significant changes. This despite its changes in prices, given that the continued growth in energy costs in the...
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Inflation for July 2022 increased by 7.15% when compared to prices in July 2021. The industries that mainly absorbed this year-over-year increase in their prices were Transportation (14.4%), Food and Beverages (9.1%), Other goods and services (4.5%), Housing (3.1%), Education and Communication (3.0%), Recreation (2.2%), Medical Care (1.6%), and Apparel (1.6%).   As for comparison in behavior with June 2022’s prices (month-over-month change), the index...
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A pesar del dinamismo que aun exhibe la economía hasta julio, según las lecturas más recientes del Índice de Actividad Económica (IAE), el panorama para los próximos meses parece incierto. El IAE exhibe los niveles mas altos alcanzados de noviembre del 2016, y el empleo se encuentra a niveles históricamente altos, con 911,000 personas empleadas, y una tasa de desempleo de 5.9%. Sin embargo, eventos...
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Total employment for Puerto Rico in July 2022 reached 1,090,000,000. This in comparison to July 2021’s total employment, shows an increment of 36,000 or 3.42%. However, when compared to June 2022’s total employment, which was at 1,108,000, a decrease of 18,000 or 1.63%. The current participation rate is at 42.2%. This has been gradually decreasing in the past few months. However, positively speaking, the current...
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Export in Puerto Rico totaled $6billion for the month of June 2022, which implies an increase of $1.1billion or 23% when compared to exports reported for June 2021. Imports also show an increase when compared to figures reported on the previous year, totaling $4.6billion for June 2022. This shows a $230million or a 5% increase compared to June 2021. However, when considering changes in exports...
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The Economic Activity Index (EAI) for the month of June stood at 124.3 in June, a 2.3% increase compared to the same month last year, according to data from the Economic Development Bank (BDE, for its Spanish acronym). However, the Index level in June is the lowest in seven months.When compared to the month of May, the IAE fell 0.6%, the second month-over-month drop in...
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US Retail Sales for July totaled $682.82 billion, a 10.3% increase compared to July 2021, but remain flat (0%) compared to June 2022 which totaled $682.56 billion. Excluding autos and auto parts, retail sales rose 0.4% in July. Lower gas prices likely freed up money for people to spend elsewhere. Gasoline sales slid 1.8%, reflecting the drop in pump prices. Consumer spending accounts for nearly...
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Los precios del crudo retrocedieron más de 3% el martes, hasta situarse en torno a los US$88 por barril, luego de que Israel e Irán acordaran suspender los ataques tras una nueva escalada de hostilidades. El primer ministro israelí, Benjamin Netanyahu, indicó que Israel pondría en pausa sus operaciones, aunque advirtió que respondería ante cualquier ofensiva adicional procedente de Teherán; medios iraníes reportaron una postura...
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EE. UU. suma 172,000 empleos en mayo y el desempleo se mantiene en 4.3%La economía estadounidense añadió 172,000 empleos no agrícolas en mayo, cifra similar a los 179,000 de abril, mientras la tasa de desempleo se mantuvo estable en 4.3%, dentro del rango estrecho en que se ha movido desde julio de 2025. El crecimiento se concentró en ocio y hospitalidad (+70,000), gobierno local (+55,000)...
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El mercado laboral de Puerto Rico mostró una mejoría en abril de 2026, aunque dentro de un contexto de crecimiento más moderado que el observado en los años posteriores a la pandemia. El empleo total no-agrícola aumentó 0.3% en abril, impulsado principalmente por el sector privado.El sector privado continúa siendo el principal motor del empleo. En abril, el empleo privado aumentó 0.8%, equivalente a 6,300 empleos adicionales en comparación...
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El IPC de Puerto Rico cerró abril de 2026 tuvo un incremento interanual de 4.0% respecto a abril de 2025, luego de un aumento de 2.5% en marzo 2026. Mes a mes se notó el crecimiento más notable con un incremento en precios de 1.6% entre marzo a abril 2026.El principal factor detrás del repunte fue el aumento en los costos de transportación, particularmente en...
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Los datos de la OCIF para 2025 confirman una tendencia que ha definido el mercado hipotecario de Puerto Rico en los últimos años: el valor de los préstamos sube mientras el número de transacciones se mantiene por debajo de los niveles de 2021.Vivienda Nueva — $340.7 millones (+14.9%)Máximo histórico del quinquenio. El monto financiado creció 35.7% respecto a 2021, impulsado por la actividad de desarrollo...
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