Housing Activity in Puerto Rico saw a diminution this past June 2022, seeing as the number reported for total housing units sold was 1,030. This, compared to June 2021, shows that 39 fewer units were sold, meaning a decrease of 3.65% in units sold. When compared to the previous month of May, there was a...Read More
Housing Activity in Puerto Rico saw a diminution this past June 2022, seeing as the number reported for total housing units sold was 1,030. This, compared to June 2021, shows that 39 fewer units were sold, meaning a decrease of 3.65% in units sold. When compared to the previous month of May, there was a...Read More
US Inflation saw a second consecutive decrease in its year-over-year price inflation, reaching an 8.3% inflation for August 2022. This is despite having the largest recorded increase since 1979 (13.5%) for the food index. As for changes in comparison to the previous month, there was a 0.1% increase reflected in the consumer price index. Said...Read More
In July 2022, Puerto Rico’s total energy consumption reached 1,514.5KWh. This shows a 1.68% increment when compared to July 2021’s total consumption. When compared to June 2022’s consumption, there is only a 1.28% increment in July 2022’s total consumption. Overall, Puerto Rico’s total energy consumption has seen significant changes. This despite its changes in prices,...Read More
Inflation for July 2022 increased by 7.15% when compared to prices in July 2021. The industries that mainly absorbed this year-over-year increase in their prices were Transportation (14.4%), Food and Beverages (9.1%), Other goods and services (4.5%), Housing (3.1%), Education and Communication (3.0%), Recreation (2.2%), Medical Care (1.6%), and Apparel (1.6%). As for comparison...Read More
Total employment for Puerto Rico in July 2022 reached 1,090,000,000. This in comparison to July 2021’s total employment, shows an increment of 36,000 or 3.42%. However, when compared to June 2022’s total employment, which was at 1,108,000, a decrease of 18,000 or 1.63%. The current participation rate is at 42.2%. This has been gradually decreasing...Read More
Export in Puerto Rico totaled $6billion for the month of June 2022, which implies an increase of $1.1billion or 23% when compared to exports reported for June 2021. Imports also show an increase when compared to figures reported on the previous year, totaling $4.6billion for June 2022. This shows a $230million or a 5% increase...Read More
Cement Sales reported for July 2022 by Puerto Rico’s Bank of Economic Development reached a total 1,116.2 pounds. This represents a decrease of 207.4 or 15.7% in pounds sold for July 2021. Production on the other hand portrayed an increase of 129.9 piunds. or 21.3%, reaching a total of 738.8 pounds. However, when compared to...Read More
Cement Sales reported for July 2022 by Puerto Rico’s Bank of Economic Development reached a total 1,116.2 pounds. This represents a decrease of 207.4 or 15.7% in pounds sold for July 2021. Production on the other hand portrayed an increase of 129.9 piunds. or 21.3%, reaching a total of 738.8 pounds. However, when compared to...Read More
Non–farm payroll in Puerto Rico for June 2022 reached 912,900. This reflects an increase of 4.77% or 41,600 when compared to numbers reported in June 2021. However, compared to the previous month of May 2022, we see a decrease of 3,700 or 0.33%. Employment (thousands)March 2020June 2021June 2022Percentage ChangeNon-Farm Payroll887.5871.3912.94.8%Construction27.728.531.08.8%Manufacturing7677.083.48.3%Retail Sales124.9127.9132.43.5%Professional and Business Services124.4128.8141.29.6%Finance45.144.145.83.9%Education33.229.432.08.8%Health Services85.984.786.52.1%Leisure...Read More
