Puerto Rico’s Statistical Appendix of the Economic Report show’s a year over increment of 4.4% in its Gross Product, reaching $71,580.8 millions of dollars in 2021. Said increment rate was larger than 2019-2020’s year over year change, which pointed out a diminution in Puerto Rico’s Gross Product.Read More
Los principales indicadores macroeconómicos de la economía mundial parecen indicar que nos acercamos a una posible recesión global, marcada por la desaceleración de la economía de Estados Unidos, de Europa y cierta inestabilidad financiera en China. Ya la economía norteamericana (la principal del mundo) lleva dos trimestres en negativo. Por otro lado, el Euro y la libra esterlina (moneda del Reino Unido) han caído frente...Read More
Total Employment in Puerto Rico for the month of August 2022 is estimated to be at 1,098,000. This, in comparison to August 2021’s employment numbers, shows a 2.04% increase and a 0.73% increase when compared to July 2022’s total employment estimation. As for total unemployment during August 2022, it reached 70,000, which translates to an 8.5% unemployment rate. This, in comparison to August 2021’s unemployment...Read More
CategoriesQ2-2021Q1 – 2022Q2 – 2022%Change Month-over-month%Change year-over-yearCost of Living Index98.9100.299.7-0.500.81Cost of Living Index Grocery Items120.4120.6119.9-0.58-0.42Cost of Living Index Healthcare66.971.972.10.287.77Cost of Living Index Housing77.37776.5-0.65-1.03Cost of Living Index Miscellaneous Goods and Services96.698.798.3-0.411.76Cost of Living Index Transportation93.488.888.3-0.56-5.46Cost of Living Index Utilities161.3161.1160.6-0.31-0.43 Source: Puerto Rico’s Statistics’ Institute Puerto Rico’s Cost of Living Index [1]for 2022’s second quarter reached 99.7. This, compared to 2021’s second quarter’s Cost of Living Index,...Read More
Housing Activity in Puerto Rico saw a diminution this past June 2022, seeing as the number reported for total housing units sold was 1,030. This, compared to June 2021, shows that 39 fewer units were sold, meaning a decrease of 3.65% in units sold. When compared to the previous month of May, there was a decrease of 5%, given there were 54 fewer units sold....Read More
