According to BoletinPR, bankruptcies for the month of November 2022 totaled 306 filings, a 10.9% increase compared to November 2021. In context, while the 10.9% increase is a lot, the number of filings (306) is the second lowest since 2012. This means that for the month of November, bankruptcy filings have declined in 2021 and 2022.Read More
According to GUIA, new cars sold for the month of November 2022 totaled 9,147 units, a -2.1% decrease compared to November 2021 (9,346 units). This is the eight-month in 2022 with decrease in sales in a year-over-year comparison. Year-to-date sales total 112,522 units, a -4.1% compared to the same period last year (117,336 units). Sales for November compared to October show a -18.1% decline after...Read More
According to GUIA, new cars sold for the month of November 2022 totaled 9,147 units, a -2.1% decrease compared to November 2021 (9,346 units). This is the eight-month in 2022 with a decrease in sales in a year-over-year comparison. Year-to-date sales total 112,522 units, a -4.1% compared to the same period last year (117,336 units). Sales for November compared to October show a -18.1% decline...Read More
During these times the prices of goods and services have seen a substantial hike over the past months not only in the United States, but also in Puerto Rico. However, inflationary phenomenon only describes the prices of the item’s consumers buy but does not tell if these economic effects take a toll in their cost of living. The Council for Community and Economic Research (C2ER)...Read More
New car sales in Puerto Rico for the month of October 2022 totaled 11,174 units. This represents a 20.4% increase in market sales when compared to October 2021 (9,281 units). This also represents a 38.3% increase compared to September 2022 (8,076 units). This is the second month of the year with the largest number of new car unit sales. This is also a record sale...Read More
