Retail sales in February 2022 reached $2,670 millions , with a 2.5% over the year increase when compared to February 2021. When compared to February 2019 there is only a -1% difference, which shows that Puerto Rico’s retail sales are essentially back at the pre-pandemic level, despite the Omicron outbreak in early 2022. February 2022 registered the second highest amount of sales for the month...Read More
A total of 75,117 cruise ship passengers arrived in the island in March 2022. This represents an increase of 19,830 passengers or 35.9% when compared to March 2020. When compared to February 2022 passenger traffic increased by 40,778 or 118.8%. These passengers were distributed among 46 separate trips. When compared to March 2020 total trips increased by 23 or 110%, while when compared to February...Read More
The U.S. The Bureau of Labor Statistics released a report stating that unemployment in April 2022 has decreased when compared to March; it reached 77,561 a 2.6% decrease when compared to the previous month. Additionally, it had an even greater decrease when compared with the April 2021 number, which had a decrease of -16% change from 2021 to 2022. The total nonfarm payroll in Puerto...Read More
The U.S. The Bureau of Labor Statistics released a report stating that unemployment in April 2022 has decreased when compared to March; it reached 77,561 a 2.6% decrease when compared to the previous month. Additionally, it had an even greater decrease when compared with the April 2021 number, which had a decrease of -16% change from 2021 to 2022. The total nonfarm payroll in Puerto...Read More
For the month of November 2021, exports totaled $5.38 billion, a 23.2% increase compared to November 2020, and a 6% increase from October 2020.Read More