Non-farm payroll employment reached a total of 866,200 in Puerto Rico during the month of December 2021. Compared to December 2020, this is an increase of 3.5%. Compared to November 2021, there was a decrease of 1,100 (0.1%). This was the first month with a decrease in employment since May 2021. The category with the...Read More
The consumer price index for Puerto Rico for the month of December 2021 came in at 124.15. This was a 0.03% increase when compared to November 2021, and a 4.2% increase when compared to December 2020. Some of the categories with the largest year over year increases were motor fuel (38.9%), lodging away from home...Read More
General fund revenue in Puerto Rico reached a total of $758 million for the month of November 2021. Compared to November 2020, revenue increased by $102 million, or 15.6%. Compared to the previous month, revenue was down $128 million (14.5%). Act 154 revenue totaled $55 million. Compared to November 2020, it decreased by $10 million...Read More
A total of 296 bankruptcies were filed during December 2021, 157 or 34.7% less than in December of the previous year. When compared to November of 2021 filings decreased by 20 or 7.2%. A total of 3,863 bankruptcies were filed in 2021, 1,255 or 24.5% less than in 2020. When compared to 2019 bankruptcy filings...Read More
Retail sales in Puerto Rico during the month of September reached a total of $2.898 billion. Compared to the previous month of August, retail sales decreased by $185 million, or 6%. Compared to 2020, sales increased by $246 million (9.3%). For many totals, 2019 remains a useful point of comparison. Compared to 2019, retail sales...Read More
There were a total of 276 bankruptcy filings in Puerto Rico during the month of November. Of these, 106 were chapter 7, 169 were chapter 13, and 1 was chapter 11. Compared to 2020, chapter 7 filings were down by 23.7%, chapter 13 filings were down by 7%, and chapter 11 filings were down by...Read More
This week, the Labor Department published the Consumer Price Index and prices for U.S. consumers jumped 6.2% in October compared with a year earlier, leaving families facing their highest inflation rate since 1990. The year-over-year increase in the consumer price index exceeded the 5.4% rise in September.Read More
Non-farm payroll in Puerto Rico for the month of September in 2021 totaled 862.5 thousand workers. Compared to the previous month of August, non-farm payroll increased by 1.8 thousand, or 0.2%. Compared to September 2020, non-farm payroll increased by 24.6, or 2.9%. When compared to March 2020, the last month before the COVID-19 pandemic’s effects...Read More
A total of 9,570 new automobiles were sold in September 2021 in Puerto Rico, a 1,138 unit or 13.5% increase when compared to September 2020. When compared to August 2021 sales decreased by 1,1,85 units or 11.2%. Despite sales decreasing when compared to the previous month, they remain well above pre-pandemic levels with September 2021...Read More
The U.S. Department of Agricultura (USDA) announced it is accepting applications for the Water and Waste Disposal Technical Assistance and Training Grants Program. This program is designed to help improve water and waste treatment infrastructure in rural areas and impact households as well as business in small communities. The USDA is specifically looking for “Nonprofits...Read More
