A study released Wednesday by the Pontifical Catholic University of Puerto Rico on current conditions the island’s elderly population is facing revealed that 40 percent of seniors 65 and older have incomes that place them at the level of extreme poverty.
Puerto Rico's overall manufacturing sector reported $76.6 billion in total value of shipments for 2012, down 4.5 percent from $80.2 billion in 2007, according to the U.S. Census Bureau's Economic Census of Island Areas.
Puerto Rico has lost 177,392 residents either to migration or death in the last four years, putting pressure on the economy, as well as specific sectors, — such as retail — that will need to readjust their business models to provide for future consumer behavior.
The U.S. Census Bureau released Thursday the latest population estimates for the municipalities of Puerto Rico, which showed, among other findings, that from July 1, 2010 to July 1, 2013 the population declined in 68 of the 78 towns.
The U.S. Census Bureau released statistics Thursday confirming that the median household income for Puerto Rico and most of its 10 largest towns held steady after the most recent recession.
Some people in Puerto Rico think that there are too many studies and too little action. The real problem is that there are too few good studies and too much action based on faulty information.
U.S. Census Bureau and Puerto Rico Planning Board officials announced Tuesday the start of the question-and-answer cycle to gather data on the island’s economic activity.
NIMB ON SOCIAL MEDIA