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Analysis
El reciente incidente con el desvío del Rio Dajabón resultó en un cierre temporal de la frontera hasta tanto no se dilucidará el caso con la asistencia de organismos internacionales. Esto resultó en pérdidas para los exportadores dominicanos.   Según datos recopilados por la DGA se observa que las exportaciones de zonas francas dominicanas a...
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Como indica el gráfico abajo, el gasto público en un año electoral suele aumentar en términos reales con relación al gasto promedio de los tres años anteriores (pre-electorales).  Este efecto fue particularmente pronunciado en los años 2008 (el gasto fue 33.7% mayor que el promedio de los tres años pre-electorales), 2012 (29.5% mayor) y 2020...
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In the month of October 2023, a total of 10,896 new car units were sold in Puerto Rico, showing a slight decrease of about 2.49% from the 11,174 vehicles sold in October 2022 according to data from the United Group of Automobile Importers (GUIA, for its Spanish acronym). When comparing the YTD of 2022 and...
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Inflation in Puerto Rico increased to 3.3% in September, according to data from the Department of Labor. This is the highest inflation rate in the last four months. Food and Beverages continues to average above at 5.6%. Cereals and its products were the driver in the increase at 11.2%. Other Goods and Services at 6.1%. Personal care products increased 6.3%...
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While employment is still on the rise, the pace of job creation is slowing down. Nonfarm payroll (SA) totaled 952,700 jobs in September, the addition of 21,000 jobs compared to the same month last year, marking a 2.3% increase. Compared to previous months of August 2023, an increase of 2,000 jobs or 0.2%.  This continuous...
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In the third quarter, the U.S. economy exceeded growth expectations, driven by a strong consumer base, despite the challenges of higher interest rates, ongoing inflationary pressures, and a variety of domestic and global economic challenges. The Commerce Department reported that the Gross Domestic Product (GDP) experienced a seasonally adjusted annualized growth rate of 4.9% from July...
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This September 2023, there was a total of 902 units sold for all categories, representing a 10.34% decrease from August 2023 and an even greater decrease of 10.43% when compared to September 2022. The price per housing unit, on the other hand, has maintained itself rather consistent for the most recent months, averaging approximately $219,363...
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The U.S. economy grew during Q2 2023, blowing past economist expectations and tamping down concerns about a possible recession. Gross domestic product (GDP) grew by a 2.1% compared to Q1 2023. That growth showed a cooling from the 2.6% growth displayed in the quarter before that. Brent Crude Oil, an internationally recognized benchmark, reached just...
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people, business, meeting-1979261.jpg
The U.S. economy grew during Q2 2023, blowing past economist expectations and tamping down concerns about a possible recession. Gross domestic product (GDP) grew by a 2.1% compared to Q1 2023. That growth showed a cooling from the 2.6% growth displayed in the quarter before that. The heightened growth stems from an increase in consumer...
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people, business, meeting-1979261.jpg
Employment for the month of July totaled 947,600, a 2.6% increase compared to July 2022. This is the slowest increase since April 2021. On the other hand, the unemployment rate held at 6.2% in July. In the private sector, 20,100 jobs were created, a year-on-year increase of 2.8%, the smallest increase since the pandemic. Meanwhile,...
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