Puerto Rico’s Treasury Department reported an income of $1,220,043 in net revenues for its general fund in May 2022. Compared to May 2021’s reported net income, this shows a $194,522 or a 13.75% decrease in general fund net revenues. However, compared to the central government’s fiscal plan projections, said revenues were $348,778 or 40% higher than expected. As for the general fund’s net revenues reported...Read More
The Consumer Price Index (IPC) [1] in Puerto Rico for June 2022 reached 130.17. When comparing year-over-year changes, June 2022 saw a substantial increase of 7.2% in its index. The principal groups with the largest increases in their index, when compared to June 2021, were Transportation (15.6%), Food and Beverages (9.2%), Other Articles and Services (3.5%), and Housing (3.1%). May 2022’s IPC shows an increase...Read More
Bankruptcy filings totaled 318 for the month of July, a 9.7% increase (28 filings) compared to July 2021. When analyzed by Chapter: Chapter 7 filings totaled 100, a -16.0% decrease, Chapter 11 and 12 totaled 5 filings, a -20% decrease, while Chapter 13 totaled 213 filings, a 29% increase compared to July 2021. Year-to-date filings total 2,253, a -3.6% decrease compared to the same period...Read More
Para el mes de julio, el total de quiebras radicadas fueron 318 para todos los capítulos, esto representa un aumento de 9.66%, 28 radicaciones más, comparado a julio 2021. En lo que va del año se han radicado un total de 2,253 quiebras, una disminución de -3.6% comparado al mismo periodo 2021.Read More
La Compañía del Turismo de Puerto Rico ha repostado en su informe mensual, que en el mes de abril de 2022 se han registrado un total de 236,634 llegadas a hospedajes. Respecto al mismo mes del año anterior, ha aumentado en 32,038 registros (un 15.7%). Las cifras de registros después de la pandemia han aumentado un 109.6% entre 2019 y 2022; este aumento demuestra cómo...Read More
