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Purchasing Managers Index Indicates Minimal Growth for January 2023

The Purchasing Managers Index (PMI) for the month of January 2023 was 50.5, 10.3% lower than the previous month of December 2022 PMI of 56.3 and compared to January 2022 with a PMI of 56 is 9.8% lower. For context the PMI is a measure of the economic course the manufacturing sector experiences where a value...
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Auto Sales Experienced a Reduction for the Second Consecutive Month in February 2023

On February 2023 auto sales amounted to 9,309 auto units sold, compared to January 2023 value of 9,505 in auto sales was a reduction on auto sales by 2.1% and presents a reduction of 16.3% compared to the February 2022 auto sales of 11,117 units. While the fluctuating behavior of auto sales and its dependence on...
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¿Habrá recesión en Puerto Rico?

Desde la reapertura gradual de la economía a mediados del 2020, hasta diciembre del 2022, mes tras mes, casi todas las industrias tuvieron crecimientos históricos comportamiento y atípicos tomando en cuenta el efecto acumulado sobre Puerto Rico de la quiebra del gobierno, los huracanes, los terremotos y la pandemia del Covid-19. Los indicadores hablan solos, el...
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Coincident Manufacturing Index continues to rise

The Coincident Manufacturing Index (CMI) for December 2022 was 114.2 (2016 = 100). Compared to the previous month of November 2022’s 113.9 CMI value, the activity within the sector for December 2022 has increased by 0.3%. When compared with the same month of the previous year of December 2021 that had a CMI of 107.6, December...
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Retail Sales up by 11.3% December 2022

Sales for December 2022 amounted to $3,736.12 million dollars, this was an increase of 11.3% on a year-to-year basis from December 2021 that produced $3,357.7 million dollars in sales. Compared to the previous month of November 2022 with $3,168.6 million dollars in sales, December 2022 represented a 17.9% increase in sales month-to-month. As for the 2022...
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