Puerto Rico posts net migration gain for first time in years, report says
June 10, 2025
Planning Board’s Economic Report reveals demographic shift, 2.1% GDP growth. #NewsismyBusiness
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NY Fed chief warns of uncertainty, slower growth in Puerto Rico visit
April 14, 2025
John C. Williams spoke to the Puerto Rico Chamber of Commerce about the economy, trade tensions and inflation. #NewsismyBusiness
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Puerto Rico Planning Board projects steady GNP growth through 2026
April 8, 2025
The island’s economy grew 2.1% in fiscal 2024, driven by consumption and trade. #NewsismyBusiness
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Puerto Rico consistently ranks last in ‘State of the States’ analysis
February 7, 2025
Puerto Rico remains a significant outlier; its 59% liabilities-to-GDP ratio is nearly double that of any other state. #NewsismyBusiness
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Inaction on climate change to cost Puerto Rico nearly $400B by 2050
December 30, 2024
This cost would represent 18.3% of the island’s GDP accumulated between 2021 and 2050. #NewsismyBusiness
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Airbnb stays in Puerto Rico’s mountains generated $25M in 2023
November 22, 2024
The economic contribution includes the total financial impact generated by guests during their trip. #NewsismyBusiness
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Puerto Rico’s GDP drops 2.5% on higher imports, lower exports
August 1, 2024
The drop in real GDP reflected a rise in imports and drops in exports and private fixed investment (PFI), the BEA reported. #NewsismyBusiness
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Puerto Rico Planning Board forecasts economic growth for 2024, 2025
March 19, 2024
Economic growth of 2.8% is projected in the base case for fiscal year 2024, positively impacted by CDBG funds for reconstruction. #NewsismyBusiness
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Puerto Rico’s economy projected to grow 1.8% over next decade
September 14, 2023
Planning Board uses Okun’s Law and federal funds data to forecast economic and employment trends through 2033. #NewsismyBusiness
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OpEd: GDP or GNP to measure Puerto Rico’s economy?
August 10, 2023
U.S. Bureau of Economic Analysis shifts from traditional GNP to GDP, which merits discussion. #NewsismyBusiness
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Puerto Rico’s GDP up 4% in 2021, after 6.2% drop in 2020
August 1, 2023
In its report, the BEA discussed the impact of the COVID-19 pandemic on the 2021 Puerto Rico GDP estimate. #NewsismyBusiness
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EDB analyzes sectors driving economic growth in Puerto Rico
July 17, 2023
The Economic Development Bank reveals economic data for multiple sectors and increased employment opportunities. #NewsismyBusiness
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Puerto Rico’s economy grows 3.7%, highest in 23 years
May 11, 2023
Fiscal year 2022 sees the highest growth in 23 years, led by personal consumption and investment. #Newsismybusiness
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Bureau of Economic Analysis confirms Puerto Rico’s GDP up 0.3% in ’19
September 28, 2021
Real gross domestic product (GDP) increased 0.3% in 2019 after decreasing 2.4% in 2018, according to estimates released by the Bureau of Economic Analysis (BEA). The statistics released are BEA’s first official release of GDP for Puerto Rico. The release includes updated estimates for 2012 to 2018 that incorporate new and additional source data and […]
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Bureau of Economic Analysis releases 1st prototype of GDP estimates for Puerto Rico
September 29, 2020
The U.S. Department of Commerce’s Bureau of Economic Analysis released prototype annual estimates of gross domestic product (GDP) for Puerto Rico for the years 2012 to 2018, the agency announced. This publication “represents another major step by the Bureau to develop comprehensive economic accounts for Puerto Rico that are consistent with international guidelines and that are […]
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