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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...
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Inflation is a critical economic indicator that measures the rate at which prices for goods and services rise over time. Understanding the inflation rate is essential for policymakers, investors, and individuals alike, as it directly affects purchasing power and the...
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The automotive industry in Puerto Rico serves as a vital economic indicator, reflecting consumer sentiment and overall economic health. In this article, we will analyze the month-over-month and year-over-year changes in new car sales, focusing on the most recent data...
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The latest report on the Coincident Indicators Index in Manufacturing (CIIM) sheds light on the current state of the manufacturing sector in Puerto Rico. Prepared by the Office of Strategy and Business Intelligence, the report covers May 2023 and reveals...
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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,...
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