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Analysis
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Retail sales in Puerto Rico reached $2,964 million during July 2021, a $347.2 million or 11.7% increase when compared to July 2020.  This year-over-year increase was mainly driven by a $114.2 million or 10.3% increase in sales for department stores, a $85.5 million or 23.9% increase in sales for New and Used Motor Vehicles, and...
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Total bankruptcy filings in Puerto Rico in September 2021 were 318.Compared to August 2021, bankruptcy filings increased by 5%. When compared to September 2020, bankruptcy filings reduced by 28%. There is a year-to-date total of 2,967 bankruptcy filings. Compared to 2020, in 2021 there have been 31.16% fewer bankruptcy filings. Chapter 7 is available to...
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The purchasing manager’s index for Puerto Rico for the month of August came in at 53.8. There was a two-point reduction in the index compared to the previous month of July, a 3.6% decrease. Compared to August 2020 however, the index is 5.7 points or 11.9%, higher. The past 4 months have alternated between higher...
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Total Retail Sales in June 2021 in Puerto Rico reached a total of $3.33 billion, 13% higher than June 2020. Sales for the year to date reached a total of $18 billion, 35.1% higher than the same period in 2020 and 20% higher than in 2019. Large non-chain stores increased their sales the most compared...
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The economic activity index for Puerto Rico for the month of July came in at 119.2. Compared to the previous month of June, there was a 0.3% increase, while compared to July 2020, there was a 5% increase. After several months of increased recovery in 2020, the economic activity index has stagnated in 2021, hovering...
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During the month of July 2021, gross General Fund revenue in Puerto Rico reached a total of $801 million. Compared to the previous month of June, there was a decrease in revenue of $553 million, or 40.9%. Compared to July 2021, there was a decrease in revenue of 23.1%. Most of this decrease in revenue...
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Inflation August 2021 The consumer price index for the month of August in Puerto Rico was 122.48. Compared to August 2020, the consumer price index had a 3.3% increase. Compared to the previous month of July, there was a 0.4% increase. This was the 12th consecutive month with an increase in the index. Recent supply...
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New housing unit sales in August 2021 were 99, an increase of eleven units compared to July. In August 2020, new unit sales were 75, and this year is 32% above. The accumulated total from January to August is 689 new housing units, 26.7% over the same period for 2020. We must note that in...
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For the 2nd quarter of 2021, there were a total of 1,337,161 inbound passengers at Luis Muñoz Marín International Airport (LMM) and 1,334,199 outbound passengers. Compared to the previous quarter, there was an increase of 49.8% in inbound traffic and of 52.8% in outbound traffic. Since 2020 was an outlier in terms of traffic due...
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Total cement sales in august 2021 were 1,258.93 94 Lb. bags, a reduction of 5 percent compared to July 2021. August marks the third consecutive month with cement sales reduction compared to the same month of last year with 9%. Production in August was 585.05 bags, a reduction of4% compared to July. August marks the...
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