After a year of stabilization in the labor market and some economic sectors’ recovery following the dislocation caused by the COVID-19 pandemic, it is possible to expect a moderate economic growth of 2.0% by the end of fiscal year 2022, according to economic analysis firm Estudios Técnicos Inc. “The favorable performance of the Puerto Rico […]
The Puerto Rican banking industry has continued to strengthen over the past year, supported by an increase in liquidity and the strengthening of asset quality. The Financial Stability Index for Commercial Banks in Puerto Rico, prepared by Estudios Técnicos, Inc., increased to 0.60 in the third quarter of 2021, compared to 0.47 in the same […]
Professional consulting firms CMA Architects & Engineers LLC (CMA) and Estudios Técnicos Inc. (ETI) will collaborate with Puerto Rico municipal governments in the development of their recovery plans as part of the efforts of the Municipal Recovery Planning Program, they announced. The municipal recovery program subsidized with CDBG-DR funds, will not only provide the municipalities […]
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