email: [email protected] | Phone: +1-787-740-0398

Restaurant Industry Continues Positive Trend

Intelligent Economics > Blog > Restaurant Industry Continues Positive Trend

Puerto Rico’s restaurant sector has experienced a remarkable evolution in recent years, showing significant improvement in several areas. From the aftermath of the devastating Hurricane Maria in 2017 to the present day, Puerto Rico’s culinary landscape has not only recovered but has also thrived. According to the Bureau of Labor Statistics, the number of restaurants in Puerto Rico saw significant growth from 3,781 in 2017 to 4,549 in 2022. This represents a remarkable 20.3% increase in the restaurant industry. Moreover, Puerto Rico’s expanded restaurant sector has considerably boosted the island’s affluence and economic growth.

The restaurant industry in Puerto Rico has seen consistent economic growth over the years. Looking at the number of restaurants, the data reveals a positive trend. The number of establishments in San Juan, the nation’s capital, went from 812 in 2012 to 908 in 2022. This shows a notable increase of almost 12% over the ten-year period. On a broader scale, across Puerto Rico as a whole, the number of eating places increased from 3,754 in 2012 to 4,549 in 2022. This shows constant growth of about 21% over the same time frame. However, the only time that the number of restaurants didn’t increase was from 2014 to 2015 and 2017 to 2018, showing a 2% and 2.4% decrease respectively.

For a more in-depth analysis of this topic and others, subscribe to our portal.

Related Posts

Leave a Reply