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Analysis
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In a supplemental survey of manufacturing establishments, the biggest challenges faced by companies during the past month were: in operations (shortage of raw material 20%, lead times 13%, costs 13%, supply chain logistics 13%, holiday disruptions 13%, maintenance and repair of machinery and equipment 7%), human resources (employment 40%, absenteeism 13%, Covid 13%) and utilities...
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The inflation rate for December 2022 showed a significant increase of 6.0% compared to the same period in the previous year. When looking over time, The inflation rate on the Island seems to be slowing down, which may suggest that it will return to normal levels in the coming future. This increase was seen across...
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The number of jobs for December 2022 equaled 927,100 employees. The number of jobs observed is an increase of 35,400 employees (4%) compared to December 2021, although it still represents a reduction of 1,500 jobs (0.2%) compared to the previous month of November 2022. The workforce increased to 1,233,000 individuals by December 2022, an increase...
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Sales registered for October 2022 amounted to $3,157.17 million dollars, when compared with the same month in 2021 it represents an increase of 2.5%. Compared to the previous month, this is a 11.6% increase from September 2022 that had a total of $2,828.34 million in sales. The five sectors with the highest reported increases during...
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With the most recent information from November 2022 the overall consumer price index for Puerto Rico reached 131.9, increasing 0.4% from the previous month’s October 2022 value of 131.4 and a 6.3% increase from the November 2021 value of 124.1. For context this would mean a purchasing power of $0.76 for November 2022 in December 2006 dollars, a reduction in purchasing power of $0.05 compared to the...
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Housing activity has decreased in the 2022 third quarter, with the reported total number of housing units sold being 2,560. Compared to the 2021 third trimester with 3,504 housing units sold, this a decrease of 944 housing units sold, reflecting a reduction of 26.9% in units sold. Aggregated sales of housing units totaled $473,806,900, 21.6%...
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Cada cuatrienio se lleva a cabo la competencia más importante del fútbol, “La Copa Mundial”. El país anfitrión este año, Qatar, ha invertido sobre $220 billones en el evento. Esto es casi 60 veces más de lo que costo para el mundial en el año 2010 celebrado en Sudáfrica ($3.5 billones). A pesar de la emoción que...
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Sales registered for September 2022 amounted to $2,828.3 million dollars, which represents a decrease of 3.6%, if we compare it with the same month in 2021. When compared to the previous month, this is a -14.1% decrease from August 2022. The groups with the highest reported increases were: Fuel distributors (+45.3%); Supermarkets and alcoholic beverage...
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According to BoletinPR, bankruptcies for the month of November 2022 totaled 306 filings, a 10.9% increase compared to November 2021. In context, while the 10.9% increase is a lot, the number of filings (306) is the second lowest since 2012. This means that for the month of November, bankruptcy filings have declined in 2021 and...
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According to GUIA, new cars sold for the month of November 2022 totaled 9,147 units, a -2.1% decrease compared to November 2021 (9,346 units). This is the eight-month in 2022 with a decrease in sales in a year-over-year comparison. Year-to-date sales total 112,522 units, a -4.1% compared to the same period last year (117,336 units)....
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