The demographic trends of Puerto Rico over the last decade present a compelling narrative of a population in decline. From the data extracted, we witness a consistent decrease in the total population from 2010 through the latest available data.In 2010, Puerto Rico boasted a population of approximately 3.72 million individuals. However, this number began a downward trajectory, signaling a period of significant demographic shift. By...Read More
During 2014 and 2023, Puerto Rico’s consumer spending experienced extraordinary growth due to various factors such as natural disasters, federal economic aid, and the COVID-19 pandemic. To understand the recent dynamics, we present an analysis of the most recent trends in consumer spending in Puerto Rico.2014-2016: The period begins with a slight decrease in consumer expenditures, from approximately $61,899.4 billion in 2014 to $60,979.4 billion...Read More
The accumulated retail sales up to the month of December reached the figure of $39.173 billion, an increase of 4% compared to the sales of 2022 when they reached $37.649 billion. The nominal increase is 2.1% higher than the prevailing inflation level on the Island, which stands at 1.9%. However, sales for the month of December alone increased by 4.5% to reach $3.904 billion compared...Read More
Una encuesta reciente de la OIT/COPARDOM para Republica Dominicana reportó que un alto porcentaje de microempresas “operan en un espectro difuso entre formalidad e informalidad” debido a los altos costos y pocos beneficios percibidos en el registro y pago de impuestos.Esto limita sus condiciones de operación resultando que un 70 % de los negocios formales alquila sus locales, mientras que solo un 29 % es...Read More
En 2023, Puerto Rico experimentó cambios significativos en su mercado laboral, reflejando una tendencia general hacia la recuperación y el crecimiento en varios sectores. A lo largo del año, la fuerza laboral y el empleo mostraron signos positivos, con variaciones mensuales que indican una progresión hacia una estabilidad económica mejorada.La fuerza laboral civil experimentó un aumento gradual, comenzando con 1,178.7 mil personasen julio y creciendo...Read More
