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Wednesday, April 1, 2020

Bankruptcies increase in Puerto Rico

The figure exceeds 1,000 cases first two months of 2020.

Puerto Rico’s Manufacturing Index Down in January.

The report on the Purchasing Management Index was prepared by the Institute of Statistics of Puerto Rico and the Association of Industrialists.The document states...

Puerto Rico’s New Car Sales Nosedive in January 2020

The month of January ended on a negative note for Puerto Rico’s automotive industry, which reported a year-over-year drop in new vehicle sales of...

Puerto Rican Government does not support new bond deal

Governor Wanda Vázquez Garced asked yesterday Judge Laura Taylor Swain to reject the Oversight Board's request to schedule a disclosure statement hearing to discuss...

Concern Grows for Puerto Rico Businesses in Quake Affected Areas

The president of the Puerto Rico United Retailers Center (CUD), Jorge Argüelles, said Wednesday that the number of businesses that had to close in...

Puerto Rico’s Manufacturing Purchasing Managers Index drops to 41.9 in Dec.

(Credit: LakshmiPrasad lucky | Dreamstime.com)

More Restrictions Placed On Puerto Rico

The restrictions that the U.S. Department of Housing and Urban Development (HUD) attached to Puerto Rico’s long-delayed disaster recovery funds could be constituted as...

Moody’s: Earthquakes will blunt Puerto Rico’s economic recovery.

The almost non-stop sequence of earthquakes that have rattled Puerto Rico for the better part of the last two weeks will “exacerbate the commonwealth’s...

Major Economic Challenges Ahead For Puerto Rico

Despite moderate financial growth reported in the several facets of Puerto Rico’s economy and a positive outlook echoed among the public sector, the island...

Puerto Rico’s Economy Continues To Sink

A little more than 800 days have passed between Maria and the January 7 earthquake. Very little has been done with the reconstruction of...