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, or 26.8%. Compared to the central government’s fiscal plan projections, this was 20% higher. Source: Puerto Rico Treasury Department General Fund net revenue for the...Read More
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 January 2022, sales decreased by 153 units, or 14.8%. Out of these sales, 73 were new housing units and the rest, 810, were used housing...Read More
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 January 2022, sales decreased by 153 units, or 14.8%. Out of these sales, 73 were new housing units and the rest, 810, were used housing...Read More
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, or 0.2%. Compared to March 2021, there was an increase of 47,200, or 5.5%. Compared to March 2020, before the initial COVID lockdown took place,...Read More
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, or 0.2%. Compared to March 2021, there was an increase of 47,200, or 5.5%. Compared to March 2020, before the first COVID lockdown took place,...Read More
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 eran un 8.5% más caros en marzo de 2022 que en marzo de 2021. Para decirlo claramente, $ 1 en dólares de marzo de 2022...Read More
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 on March 2022 than on March 2021. To put it plainly, $1 in March 2022 dollars will buy you the same amount of goods that...Read More
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 on March 2022 than on March 2021. To put it plainly, $1 in March 2022 dollars will buy you the same amount of goods that...Read More
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 estimates the island’s GDP. Change in this index is highly indicative of a change in the island’s economic output. The index reached 124.6 for the...Read More
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 estimates the island’s GDP. An increase of a decrease in this index is highly indicative of a change in the island’s economic output. The index...Read More
