Preliminary net revenues collected and deposited into Puerto Rico’s General Fund for the recently begun Fiscal 2020 totaled $1.05 billion, Treasury Secretary Francisco Parés said. “July 2019 revenues surpassed last year’s revenues by $305.5 million, a 41.2% increase,” he said, adding that July 2019 revenues were $159.9 million above projections. The corporate income tax category […]
Retail sales reached the second highest level for a month of July in the past decade, with nearly $2.9 billion in activity, Puerto Rico Trade and Export confirmed. The highest month in sales over the past decade was July 2018 with a total $3 billion, which the agency described as “totally atypical behavior” when compared […]
Collaboration between the private and public sectors is essential to continue boosting tourism and be able to reach the goal of doubling Puerto Rico’s visitor’s economy. Such was one of the conclusions of a panel discussion during the first annual Tourism Conference sponsored by Destination Marketing Organization Discover Puerto Rico. The panel that Discover Puerto […]
A Dow Jones/Factiva content provider since 2014
Subscribe to our Dollars & Sense podcast!
