All posts in Economy

A market can properly function and prosper when consumption, savings and investments are aligned and in perfect balance.

P.R. economic activity slides 1.8% YOY in June
August 9, 2016, No Comments

Puerto Rico’s economic activity index held up its downward spiral in June, when it reflected a reduction of 1.8 percen ...

July ’16 bankruptcies drop 4.4% YOY in Puerto Rico
August 2, 2016, No Comments

Puerto Rico’s bankruptcy levels showed a 4.4 percent drop last month, when the total number of companies and individua ...

Brookings panel explores PROMESA’s implications
July 13, 2016, No Comments

WASHINGTON — A four-member panel convened here Tuesday to discuss the long-term lessons of Puerto Rico’s debt crisis ...

P.R. bankruptcies remain flat in June, up 5% so far in ’16
July 5, 2016, No Comments

Puerto Rico’s bankruptcy levels remained flat last month, when the total number of companies and individuals who turne ...

Economists: Several aspects of PROMESA illegal, harmful
June 27, 2016, No Comments

Members of the Puerto Rico Economists Association believe there are several aspects of the Puerto Rico Oversight, Manage ...

Cost of living in SJ metro area 11.6% higher than U.S.
June 20, 2016, No Comments

Living in the Metropolitan Statistical Area of San Juan-Carolina-Caguas is 11.6 percent higher than the average for othe ...

P.R. ranks dead last in fiscal solvency among U.S. states
June 2, 2016, No Comments

A study by the Mercatus Center at George Mason University released Wednesday showed that on the basis of its fiscal solv ...

Backyard Bondholders support fiscal control board
May 19, 2016, No Comments

Backyard Bondholders, a nonprofit organization representing individual Puerto Rico creditors, on Wednesday said it favor ...

Study: 29 U.S. municipal funds exposed to P.R. bonds
May 10, 2016, No Comments

As many as 29 out of 562 U.S. municipal bond funds currently carry an exposure to Puerto Rican bonds greater than 5 perc ...

Moody’s: Default foreshadows long battle to restructure
May 9, 2016, No Comments

Although the government of Puerto Rico paid its General Obligation bonds and guaranteed debt due May 1, which totaled ab ...