Small businesses saw their sales spike by 13.3% that month, the government confirmed. #NewsismyBusiness

That is the 18th consecutive monthly rise in retail sales, the Department of Economic Development and Commerce said.

Puerto Rico’s retail sales exceeded $3 billion in March 2021, reflecting a 49.6% year-over-year increase, the Department of Economic Development and Commerce (DDEC, in Spanish) confirmed. The agency’s most recent retail sales report shows this is the 10th consecutive sales increase recorded at an annual rate. Sales for March 2020 were recorded at a little […]

Puerto Rico’s retail activity was bustling in February, when they grew by 13% in comparison to the same month in 2020. The Department of Economic Development and Commerce’s (DDEC, in Spanish) Retail Sales Report showed sales reached $2.6 billion. This is the ninth recorded increase in sales at an annual rate, all consecutively and the […]

Puerto Rico’s retail sales were apparently affected by the COVID-19 pandemic in 2020, when activity decreased by 2.4%, when compared to the same 12-month period in 2019, according to data provided by the Department of Economic Development and Commerce. However, general sales registered for the month of December 2020 increased to $3.05 billion, which represents […]

Retail sales in Puerto Rico continued to rise during the months of October and November 2020, registering increases of 9.0% and 4.5%, respectively.  The industry rebound has occurred to the extent that the economic reopening and prevailing health conditions related to the COVID-19 pandemic have allowed it. Total sales amounted to $2.8 billion in October, […]

Puerto Rico’s retail sales increased by 14.8% in July, compared to the same month of the previous year, according to the Retail Sales Report issued by the Department of Economic Development and Commerce’s Office of Economic Analysis. Retail sales reached $2.8 billion in July, four months into the restrictions on the economy put in place […]

Puerto Rico’s small and mid-sized retailers showed a 10% year-over-year growth in March 2019, when totals exceeded $1.1 billion in sales, vs. $1.06 billion in the same month of 2018. According to data shared by Puerto Rico Trade and Export, the month’s $110 million increase maintained a month-to-month growth trend. In February, the sector reported […]