For the month of November 2021, exports totaled $5.38 billion, a 23.2% increase compared to November 2020, and a 6% increase from October 2020.Read More
The Purchasing Manager’s Index is a monthly indicator measuring the manufacturing industry, is the index is under the threshold of 50 indicates the industry is contracting and is the index is above the threshold of 50 indicates the industry is expanding. For the month of December, the index fell to 47.6, the first reading under...Read More
The economic activity index reached a total of 122.5 for the month of December. Compared to the previous month, the index grew by 0.2%, while compared to December 2020, the index grew by 3.8%. As there is a high correlation between this index and the island’s GDP, it is one of the main indicators used...Read More
The United States’ GDP release for the last quarter of 2021 came in higher than expected. Even with the spread of the Omicron variant of COVID, real GDP increased by 1.7% compared to the previous quarter and is 5.5% higher than in the last quarter of 2020. With year over year inflation currently at 7.2%,...Read More
Non-farm payroll employment reached a total of 866,200 in Puerto Rico during the month of December 2021. Compared to December 2020, this is an increase of 3.5%. Compared to November 2021, there was a decrease of 1,100 (0.1%). This was the first month with a decrease in employment since May 2021. The category with the...Read More
The consumer price index for Puerto Rico for the month of December 2021 came in at 124.15. This was a 0.03% increase when compared to November 2021, and a 4.2% increase when compared to December 2020. Some of the categories with the largest year over year increases were motor fuel (38.9%), lodging away from home...Read More
General fund revenue in Puerto Rico reached a total of $758 million for the month of November 2021. Compared to November 2020, revenue increased by $102 million, or 15.6%. Compared to the previous month, revenue was down $128 million (14.5%). Act 154 revenue totaled $55 million. Compared to November 2020, it decreased by $10 million...Read More
A total of 296 bankruptcies were filed during December 2021, 157 or 34.7% less than in December of the previous year. When compared to November of 2021 filings decreased by 20 or 7.2%. A total of 3,863 bankruptcies were filed in 2021, 1,255 or 24.5% less than in 2020. When compared to 2019 bankruptcy filings...Read More
Retail sales in Puerto Rico during the month of September reached a total of $2.898 billion. Compared to the previous month of August, retail sales decreased by $185 million, or 6%. Compared to 2020, sales increased by $246 million (9.3%). For many totals, 2019 remains a useful point of comparison. Compared to 2019, retail sales...Read More
