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Analysis of Puerto Rico’s Retail Landscape: April 2023 Report

The retail analysis of Puerto Rico’s economic landscape holds paramount importance, as it serves as a crucial indicator of our economy’s expansion. An increase in retail sales signals a robust and thriving economy, whereas a decline indicates the opposite. Examining the total retail sales for the period between April 2022 and April 2023, we observe...

Examining Puerto Rico’s Employment and Salaries

Puerto Rico’s economy is displaying promising signs of growth. When examining the figures for total employment in 2021 and 2022, it shows that these numbers are on the rise. In Puerto Rico, there is a notable 6.7% increase in employment, from 843,810 employees to 900,650. Similarly, the average hourly salary experienced a 6.1% increase, going...

An Evaluation of Employments per Region

According to the Labor Department of Puerto Rico, on average, Puerto Rico has around 900,000 employees per month, indicating a stable employment landscape. From January 2010 to May 2023, there has been a slight 1.1% increase in employment. The lowest point was in April 2020 with 768,000 employees, but it has since rebounded to normal...

Restaurant Industry Continues Positive Trend

Puerto Rico’s restaurant sector has experienced a remarkable evolution in recent years, showing significant improvement in several areas. From the aftermath of the devastating Hurricane Maria in 2017 to the present day, Puerto Rico’s culinary landscape has not only recovered but has also thrived. According to the Bureau of Labor Statistics, the number of restaurants...

Manufacturing Trends 2022/23

The economic landscape of Puerto Rico has witnessed notable shifts in the manufacturing sector, with significant changes observed in the numerical indicators. By examining the specific figures and their variations from one year to another, we can gain valuable insights into the performance of this industry and identify opportunities for future growth. Within the manufacturing...

Empresas de Puerto Rico lanzan servicios de inteligencia artificial y análisis económico en el mercado de República Dominicana

Ante el interés y la importancia que han adquirido la Inteligencia Artificial para las empresas, Intelligent Economics y Agnitu ofrecieron en las oficinas de Microsoft Dominicana ayer jueves 21 de junio un simposio sobre la aplicabilidad de novedosas herramientas al entorno económico dominicano con énfasis en su capacidad para promover la eficiencia y rentabilidad.  Agnitu, se...
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