Pharmaceutical and medical manufacturing is one of the most important components of the Puerto Rican economy. In the 2020 fiscal year, this sector received more than $30 billion in net income. Compared to 2019, net income for this sector increased by 0.03%. We can expect this total to decrease for FY2021 due to the recession...Read More
En el mes de junio del 2021, se vendieron un total de 1,680 unidades de vivienda. Comparado con junio del 2020, hubo un aumento en ventas de 9.7% Comparado con el mes previo de mayo, hubo una disminución de 9.3%. Las ventas de vivienda han ido disminuyendo en los últimos meses comparado con el repunte...Read More
Las exportaciones de Puerto Rico en el 2020 llegaron a un tota del $59,800 millones, mientras que las importaciones alcanzaron los $42,500 millones. Comparado con el 2019, las exportaciones bajaron un 7.9%, mientras que las importaciones bajaron por 8.9%. Se espera que este total aumente en el 2021. Se ha visto una recuperación parcial de...Read More
Exports originating in Puerto Rico totaled $3.343 billion in February of 2021, while imports reached $4.387 billion. Compared to the previous month of January, exports increased by $1.337 billion, or 43.9%, while imports increased by $136 million, or 4.2%. Compared to February 2020, exports have decreased by $1.285 billion, or 22.6%, while imports have decreased...Read More
El departamento de agricultura federal (USDA), ha comenzado sus preparativos para el nuevo censo de la agricultura del 2022. Este censo se hace cada 5 años y es la fuente más comprensiva de información de la agricultura en Puerto Rico. La última edición de este censo se realizó en el 2017, antes del paso del...Read More
The USDA has begun its preparations for the 2022 Census of Agriculture. This census is done every 5 years by the federal agency and is the most reliable source of information for county, state, and national level agricultural statistics. The last edition of this census was done in 2017. As such, this new census will...Read More
In June 2021, the Consumer Price Index stood at 270.98. When compared to May 2021, the index grew by 0.9%. It has been the most significant month-to-month increase since 2008. When compared to June 2020, the index reflects inflation of 5.1%, which is the largest increase year to year since 2008. An increase of the...Read More
The consumer price index for June 2021 in Puerto Rico stood at 121.38. Compared to June 2020, the consumer price index rose by 2.7%. This large year over year increase is mostly due to deflation seen in 2020 due to the COVID-19 pandemic. Decreases in demand for many goods and services during the pandemic led...Read More
In July 2021 in Puerto Rico, there were 244 total bankruptcy filings. Of these fillings, 99 were chapter 7, 140 were chapter 13, and 5 were chapter 11. Compared with June, there were 84 fewer filings or a decrease of 25.6%. Compared with May 2020, there were 31 more periodic filings or a reduction of...Read More
The Treasury Department collected $1,414.6 million in May, the most significant amount since April 2019. The collections, which are not comparable to the $516.0 million collected in May of last year, are $42.9 million higher than the government’s forecasts.Individual contributions reached $369.2 million, the largest amount in 25 months. Corporations paid $359.8 million, up threefold...Read More
