Category

Analysis
calculator, calculation, insurance-1680905.jpg
There were a total of 276 bankruptcy filings in Puerto Rico during the month of November. Of these, 106 were chapter 7, 169 were chapter 13, and 1 was chapter 11. Compared to 2020, chapter 7 filings were down by 23.7%, chapter 13 filings were down by 7%, and chapter 11 filings were down by...
Read More
light bulb, energy, light-1640438.jpg
The Cost-of-Living Index for the San Juan-Carolina-Caguas Metropolitan Statistical Area (MSA) is 17.5% lower than in the metropolitan area of Fort Lauderdale, Florida. With an index of 98.5 for the third quarter of 2021, the Puerto Rico MSA ranks 98th out of 294 MS areas. The highest index corresponds to utilities with 162.5, one of the...
Read More
refuel, gas station, gas pump-2157211.jpg
The Consumer Price Index in October stood at 123.25, an increase in all principal groups. In October 2020 the CPI stood at 118.92 making October 2021 the tenth consecutive month with an increase with respect to the year before. With an inflation of 3.6% October is the month with the highest inflation rate in 2021.In...
Read More
covid-19, coronavirus, economy-5511070.jpg
The Economic Activity index in September 2021 was 120.3, a 2.7% increase compared to September 2020. Compared to August, the index gained 0.9 points and grew by 0.75%. On a year-over-year comparison, the EAI increased by 2.7% for the seventh consecutive month after a year of decreases caused by the global pandemic. Compared to September...
Read More
cash register, printer, receipt-5610295.jpg
Net revenue into the Puerto Rico Government’s general fund in September reached a total of $910.918 million, a reduction compared to 2020 and 2019. Revenue decreased by $24.928 million, or -2.6% compared to September 2020. Total general taxes went down by 6%, and these were lower mostly due to a 98% reduction in insurance premiums....
Read More
light bulb, lighting, light-4297600.jpg
Total net electric energy generation was 1,666.8 mkWh in September, a reduction of 6% compared to August, and an annual increase of 2%. Total consumption was 1,544 mkWh, an increase both annually and monthly. Compared to September 2020, consumption increased by 4.4%. Compared to August, it increased by 2.7%, an increase for the third consecutive...
Read More
blank, paper, pen-792125.jpg
Total nonfarm payroll in October was 866.7 thousand workers, the highest level reached since the pandemic began in March 2020. Just before COVID-19 arrived, total nonfarm employment stood at 887.3 and was still recovering from a series of natural disasters. In October 2021, employment is still down by 2.3% compared to March 2020. The annual...
Read More
us capitol, government, washington dc-477987.jpg
The US House of Representatives passed the Social Safety Net and Climate Plan. The bill is being compared to the New Deal. Democrats consider it to be one of the most important social initiatives in US history. The $1.7 trillion bill would increase the budget deficit by $367 billion from 2022 to 2031, according to...
Read More
approach, cruise ship, mediterranean-1441457.jpg
According to the latest press release by ASUR, air traffic for Puerto Rico is doing better than in 2020 and 2019. The total from January to October reached 7,929,015 domestic and international passengers. Compared to 2020 there are 103.8% more passengers. When comparing to 2019 for the same period, there is a growth of 2.6%....
Read More
container, port, ship-6751623.jpg
The price index for imports to the US rose 1.2% following a 0.4% advance in September. The increase is mostly due to an increase of fuel and non-fuel prices. Export prices increased by 1.5% in October, this is the third consecutive month with an increase. Import prices compared to October 2020 rose by 10.7%, the...
Read More
1 2 3 7