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20
Apr

General Fund Net Revenue in February 20% higher than projected

Puerto Rico’s General Fund net revenue was reported as a total of $906 million for the month of February 2022. Compared to February 2021, this was a $191 million increase,...
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18
Apr

Upward Trend in Cement Sales in 2022

Cement production reached a total of 765 thousand 94lb sacks for the month of March 2022, while sales totaled 1,472 thousand 94lb sacks. Compared to the previous month of February,...
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18
Apr

Puerto Rico Housing Market Off to Slow Start in 2022

There were 883 total housing units sold in Puerto Rico during the month of February 2022. Compared to February 2021, sales were down by 263 units, or 22.9%. Compared to...
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18
Apr

Employment in Puerto Rico Up 5.5% in March

Non-farm payroll in Puerto Rico for the month of March 2022 reached a total of 908,200 workers. Compared to the previous month of February, this total went up by 2,000,...
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12
Apr

Inflación en los Estados Unidos alcanza pico de 40 años

Según los últimos datos publicados por la Oficina de Estadísticas Laborales de Estados Unidos, la inflación en marzo alcanzó el 8.5%. Esto significa que, en promedio, los bienes y servicios...
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12
Apr

U.S. Inflation reaches highest point in over 40 years

According to the latest data released by the U.S. Bureau of Labor Statistics, inflation in March reached 8.5%.  This means that on average goods and services were 8.5% more expensive...
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06
Apr

Economic Activity Index Down Slightly in February

The economic activity index is an economic model calculated monthly by the Economic Development Bank of Puerto Rico. It uses four important macroeconomic indicators to create a model that closely...
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05
Apr

Purchasing Manager’s Index Down 7.8% in February

The PMI for February came in at 57.9. Compared to the previous month of January, this is an increase of 1.9, or 3.4%. Compared to February 2021, this is a...
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