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The consumer price index which calculates inflation, the increase in prices, was 128.66 for the month of May 2022, this is a 6.4% increase compared to May 2021, and a 0.5% increase compared to April 2022.
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chart, growth, finance-1953616.jpg
The consumer price index which calculates inflation, the increase in prices, was 128.66 for the month of May 2022, this is a 6.4% increase compared to May 2021, and a 0.5% increase compared to April 2022. Food and Transportation are the industries that have the most influence on the total inflation in the island due to having the largest amounts of inflation overall. Food and...
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Employment for the month of May totaled 1,134,000, a 5.91% increase compared to May 2021, and a -0.4% drop compared to April 2022. Source: Department of Labor Occupations with the largest increase in employment include Professional, Executive and Managerial Occupations, 31.1%, Technicians, Sales and Personnel Support, 26.4%, and Service Occupations, 16.5%.  Employment in agriculture totaled 15,000, almost doubled compared to May 2021 (8,000). While those...
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job, interview, handshake-4131482.jpg
Employment for the month of May totaled 1,134,000, a 5.91% increase compared to May 2021, and a -0.4% drop compared to April 2022. Source: Department of Labor Occupations with the largest increase in employment include Professional, Executive and Managerial Occupations, 31.1%, Technicians, Sales and Personnel Support, 26.4%, and Service Occupations, 16.5%.  Employment in agriculture totaled 15,000, almost doubled compared to May 2021 (8,000). While those...
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In the month of March 2022, there was a total of 1,076 housing units sold, including new and used houses. These houses were only Purchasing and Sale, not refinancing or Commercial. Specifically, there were 993 used housing units sold, and 83 new housing units sold. These housing sales total for March averaged $193,813 per housing unit. Used housing had an average price of $188,255 and...
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