There were a total of 1,079 housing units sold in Puerto Rico during the month of September 2021. Compared to the previous month of August, there were 13 fewer units sold, or a decrease of 11%. Compared to September 2020, there was a decrease in sales of 109 units, or 9.2%. The total amount in...Read More
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...Read More
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...Read More
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...Read More
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...Read More
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...Read More
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...Read More
Retail sales in Puerto Rico for the month of May 2021 totaled $3.347 billion. Compared to the previous month of April, sales increased by $397 million, or 13.5%. Since April and May of 2020 were affected by the COVID lockdown executive orders, year over year comparisons will be made with 2019 in order to provide...Read More
New and used housing units sales have been released for July 2021. Total housing units sold were 1,212 for $203,080,412 of aggregated sales. On average, housing units were sold for $167,558.10 each one. Total loans stood at $181,342,617, 4% more than in June and 30% more than in July 2020. Total units sold in July...Read More
Loans and leases for commercial banks in Puerto Rico totaled $34.5 billion in the first quarter of 2021. When compared to the fourth quarter of 2020, loans and leases decreased by about $511,084 million or 1.5%. Despite this, loans and leases for commercial banks increased within a one-year period. When compared to the first quarter...Read More
