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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, or 26.8%. Compared to the central government’s fiscal plan projections, this was 20% higher. Source: Puerto Rico Treasury Department
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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, production increased by 144, or 23.2%. Compared to March 2021, production decreased by 0.7%.
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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 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...
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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, 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,...
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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 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...
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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 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...
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