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The PMI for February came in at 57.9. Compared to the previous month of January, this is an increase of 1.9, or 3.4%. Compared to February 2021, this is a decrease of 4.9, or 7.8%. The Omicron outbreak in December caused a large decrease in the index. As such, this is the second consecutive month with an increase in the index. The index is currently...
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The Purchasing Manager’s Index for Puerto Rico for the month of February was recently released. This index is based on a survey of manufacturing facilities manager’s and is used as a main indicator for the current state of manufacturing on the island. A score above 50 in a category indicates positive performance. The PMI for February came in at 57.9. Compared to the previous month...
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Bankruptcy filings in March 2022 totaled 414, 14 or 3.5% more than in March 2021.  When compared to February 2022 total bankruptcy filings increased by 119 or 40.3%. It’s worth noting that March 2020 reported the highest amount of bankruptcy filings since December 2020 when filings peaked at 453. Out of the 414 bankruptcies reported in March 2022, a 18 of them where commercial bankruptcies....
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General Fund net revenue for the month of January 2022 reached a total of $999 million. Compared to January 2021, this is an increase of $157 million, or 18.6%. Total revenue for the fiscal year to date (starting in July 2021) is at $6.26 billion. Compared to the 2021 fiscal year, revenue is up by 4%. Compared to the government’s own revenue projections, there is...
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General Fund net revenue for the month of January 2022 reached a total of $999 million. Compared to January 2021, this is an increase of $157 million, or 18.6%. Total revenue for the fiscal year to date (starting in July 2021) is at $6.26 billion. Compared to the 2021 fiscal year, revenue is up by 4%. Compared to the government’s own revenue projections, there is...
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