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...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,...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...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...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...Read More
