The latest report released by The U.S. Bureau of Labor Statistics states that inflation in the month of April 2022 is up to 8.3%. Meaning that goods and services were 8.3% more expensive in April 2022 than in April 2021. This year’s rate almost doubled the rate of April 2021 when it was 4.2%. Also, the rate for April 2022 follows the highest year-over-year rate...Read More
The latest report released by The U.S. Bureau of Labor Statistics states that inflation in the month of April 2022 is up to 8.3%. Meaning that goods and services were 8.3% more expensive in April 2022 than in April 2021. This year’s rate almost doubled the rate of April 2021 when it was 4.2%. Also, the rate for April 2022 follows the highest year-over-year rate...Read More
Cement sales reached 1,297.4 thousand 94-pound sacks in April 2022, while production reached 705.5 94-pound sacks. When compared to March 2022 sales decreased by 59.2 thousand units or 7.7%. When compared to April 2021, sales increased by 70.6 thousand units or 11.1%. Meanwhile, when compared to March 2022 production decreased by 174.6 thousand units or 11.9%. Furthermore, when compared to April 2021, production decreased by...Read More
Cement sales reached 1,297.4 thousand 94-pound sacks in April 2022, while production reached 705.5 94-pound sacks. When compared to March 2022 sales decreased by 59.2 thousand units or 7.7%. When compared to April 2021, sales increased by 70.6 thousand units or 11.1%. Meanwhile, when compared to March 2022 production decreased by 174.6 thousand units or 11.9%. Furthermore, when compared to April 2021, production decreased by...Read More
The Economic Activity Index (EAI) is a measure of the island economic activity calculated by the Economic Development Bank of Puerto Rico. It is based of four macroeconomic indicators, Total Non-Farm Payroll, Electric Power Generation, Gas Consumption and Cement Sales. Altogether these indicators closely model trends in the islands production, because of this, changes in this index are indicative of changes in the output of...Read More
