Intelligent Economics recently released a report detailing notable labor market tendencies in 2021, the findings are summarized below: Monthly employment and labor force averages bounced back to their pre-pandemic levels in 2021Full-time employment grew by 93,000 or 14.1% when compared to 2021Full-time employment increased when compared to 2019 while part-time employment decreasedThere is no evidence that...Read More
El COVID-19 ha tenido el efecto de acelerar profundos cambios económicos y sociales que a penas comenzamos a entender. Por ejemplo, uno de estos cambios, es la intensificación del comercio digital como opción de consumo para millones de personas, incluyendo a Puerto Rico. Gigantes de esta industria liderados por Amazon, ya han puesto su mira sobre...Read More
El conflicto militar en Ucrania, desatado mediante la invasión rusa el 24 de febrero tiene fuertes efectos sobre la economía local y la economía global. En primera instancia, ocurre en un momento en el cuál la economía mundial no ha logrado normalizarse luego del impacto de la pandemia del COVID-19. Previo a la pandemia, las proyecciones...Read More
Retail sales in the United States reached a seasonally adjusted total of $649 billion in January 2022. Compared to January 2021, there was an increase in sales of 13%. Amongst the major retail categories, the largest year over year increases were seen in gas stations (33.4%), food service and drinking places (27%), and clothing stores (21.9%)....Read More
Cements sales reached 1.06 million 94-lbs bags in January 2022, a 11.5% decrease when compared to January 2021. Furthermore, when compared to December 2021, sales decreased 7.4%. Additionally, January 2022 saw the lowest number of sales since April 2020 . Despite this, cement sales have stayed at about the same level when compared to January 2019....Read More
