Estudios Técnicos’ Adames warns job gains offset by higher unemployment, part-time work. #NewsismyBusiness
Analyst Graham Castillo says Puerto Rico now faces legal and economic questions. #NewsismyBusiness
Economic study shows improvement from 2024 but rising delinquencies and bankruptcies signal risks ahead. #NewsismyBusiness
Tariffs, weak dollaree and sluggish job growth raise concerns of stagflation in the U.S. economy. #NewsismyBusiness
Exclusion from 15% global minimum tax preserves island’s investment appeal. #NewsismyBusiness
Estudios Técnicos reports worsening affordability, which drops to 57% in some regions. #NewsismyBusiness
Puerto Rico could see decreased funding from agencies like FEMA and HUD. #NewsismyBusiness
Recent debt data for Puerto Rico indicates that local consumers are likely to take on additional debt this holiday season. #NewsismyBusiness
High interest rates and an increase in the cost of homes are compounding the problem. #NewsismyBusiness
An Estudios Técnicos report indicates that the island needs to establish a self-sustaining economic development plan to reduce its dependency, despite the funds’ contribution to stability post-Hurricane Maria and during the pandemic. #NewsismyBusiness
Energy costs, persisting worker shortage and Puerto Rico’s tax load are the three main concerns.
The Index’ most recent result shows that a typical family has only 54% of the income needed to qualify for a home loan, assuming a down payment of 20%.
The tool gathers data from 42 hospitals.
Inflation, home price increases have affected a typical family's ability to get a mortgage.
The disparity in income is even greater when people's educational level increases, the analysis shows.
NIMB ON SOCIAL MEDIA