The month of August saw an overall increase in both Cement Sales and Production with a total of 1,328.6 pounds sold and 789 pounds produced. These figures from Puerto Rico’s Economic Development Bank represent the highest of 2022, barring June...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,...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...Read More
A pesar del dinamismo que aun exhibe la economía hasta julio, según las lecturas más recientes del Índice de Actividad Económica (IAE), el panorama para los próximos meses parece incierto. El IAE exhibe los niveles mas altos alcanzados de noviembre...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...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...Read More
The Economic Activity Index (EAI) for the month of June stood at 124.3 in June, a 2.3% increase compared to the same month last year, according to data from the Economic Development Bank (BDE, for its Spanish acronym). However, the...Read More
US Retail Sales for July totaled $682.82 billion, a 10.3% increase compared to July 2021, but remain flat (0%) compared to June 2022 which totaled $682.56 billion. Excluding autos and auto parts, retail sales rose 0.4% in July. Lower gas...Read More
This April 2023 there was a total of 831 units sold for all categories, representing a 4.3% decrease from April 2022 and an even greater decrease of 19.2% when compared to the previous month of March 2023. The price per...Read More
This April 2023 there was a total of 831 units sold for all categories, representing a 4.3% decrease from April 2022 and an even greater decrease of 19.2% when compared to the previous month of March 2023. The price per...Read More
New car unit sales for April 2023 amounted to 10,870 units sold, this being an increase of 37 units sold (0.3%) compared on a year-over-year basis with April 2022. April 2023 new car unit sales are also an increase of...Read More
New car unit sales for April 2023 amounted to 10,870 units sold, this being an increase of 37 units sold (0.3%) compared on a year-over-year basis with April 2022. April 2023 new car unit sales are also an increase of...Read More
Inflation is a measure of the reduction in purchasing power, the price changes measured in inflation not only affects consumers but also affects businesses investments. The inflation rate for the United States amounted to 5% in April 2023. This value...Read More
