Economy – News is My Business

August 7, 20180560

Proposed tax incentives add ‘layer of complexity’ to P.R.’s difficulties

The government’s attempt to overhaul Puerto Rico’s tax code into an easy-to-monitor regime “adds yet another layer of complexity” to the islan

August 7, 20180628

P.R.’s economic activity remains virtually flat year-over-year

Puerto Rico’s Economic Activity Index showed a decrease of 0.8 percent year-over-year in June, but a 1 percent increase when compared to May 2018, E

July 27, 201801466

P.R. economists recommend 5 measures at the federal level to spur growth

The Puerto Rico Economists Association urged the implementation of at least five measures at the federal level that they consider essential to success

June 12, 20180891

Moody’s: P.R.’s economy will shrink 6-7% in ’18

Following a contraction of 6.2 percent in 2017, Moody’s Credit Standards and Strategy Group expects Puerto Rico’s economy to shrink by another 6 p

June 7, 20180510

Data collection starts for P.R. 2017 Economic Census

Companies doing business in Puerto Rico will soon be receiving questionnaires to fill out for the Puerto Rico 2017 Economic Census, the main sourc

June 5, 20180509

P.R.’s economic activity shows slight uptick in April

Puerto Rico’s Economic Activity Index, released by the Economic Development Bank, reached a level of 119.9 in April 2018. This represents an inc

June 4, 20181607

Expert: Labor reform, expanded tourism would steer P.R. economy forward

The Puerto Rican economy would get a full point of economic growth with proper labor market reforms, and would largely benefit from an expanded to

May 11, 20180423

P.R. economic activity shows 2.6 percent drop Y-O-Y in March

Puerto Rico’s Economic Activity Index, released by the Economic Development Bank, reached a level of 119.3 in March, an increase of 1.2 percent

April 24, 20180318

P.R.’s economic activity down 4.2% year-over-year in February

Puerto Rico’s Economic Development Bank released the Economic Activity Index for the month of February 2018, which revealed a reduction of 4.2 p

April 23, 20180142

Hurricane María, a ‘game changer’ for P.R.’s economic forecasts

Hurricane María caused historic record damages in infrastructure and business interruption, impacting all dimensions of the economy, including th