There was a total of 1,079 housing units sold in Puerto Rico during the month of September 2021. Compared to the previous month of August, there were 13 fewer units sold, or a decrease of 11%. Compared to September 2020, there was a decrease in sales of 109 units, or 9.2%. The housing market in Puerto...Read More
Retail sales in Puerto Rico reached $2,964 million during July 2021, a $347.2 million or 11.7% increase when compared to July 2020. This year-over-year increase was mainly driven by a $114.2 million or 10.3% increase in sales for department stores, a $85.5 million or 23.9% increase in sales for New and Used Motor Vehicles, and a...Read More
The purchasing manager’s index for Puerto Rico for the month of August came in at 53.8. There was a two-point reduction in the index compared to the previous month of July, a 3.6% decrease. Compared to August 2020 however, the index is 5.7 points or 11.9%, higher. The past 4 months have alternated between higher and...Read More
Se logro evitar un cierre del gobierno federal de los Estados Unidos gracias a un acuerdo que logró extender los fondos disponibles para el funcionamiento del gobierno hasta el 3 de diciembre. Esta discusión en el Congreso se debe al limite de deuda del gobierno federal. Este limite es el total que el tesoro federal esta...Read More
El Negociado de Energía aprobó un aumento de 3.1% en las tarifas de electricidad en la isla. LUMA Energy había solicitado un aumento de 11.8%, pero el mismo fue rechazado. Este aumento lleva el costo por kilovatio hora de 21.17 centavos a 21.83 centavos. Desde el 2020 cuando se vieron grandes disminuciones en el costo de...Read More
