Flower sales slow in Puerto Rico as Valentine’s Day approaches
February 12, 2025
Economic uncertainty and rising rose prices challenge local florists, though some report steady sales. #NewsismyBusiness
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Puerto Rico retailers start Black Friday sales early
November 25, 2024
Sales strategies extend through the season with deals starting as early as October. #NewsismyBusiness
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Survey: Demand for credit counseling in Puerto Rico rises by 167%
October 22, 2024
Credit card debt and inflation are pushing more people in the U.S. and Puerto Rico into financial stress. #NewsismyBusiness
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Workers fear retirement more than death, survey finds
September 23, 2024
A LiveCareer survey reveals widespread financial anxiety and concerns over lifestyle changes. #NewsismyBusiness
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Puerto Rico retailers forecast stable holiday sales
September 20, 2024
Due to a late Thanksgiving Day on Nov. 28, this year’s holiday peak shopping season is five days shorter than in 2023. #NewsismyBusiness
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Inflation increases costs for flipping homes in Puerto Rico
July 1, 2024
Investors face rising material and labor expenses as well as challenges with abandoned property. #NewsismyBusiness
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ManpowerGroup survey shows drop in Puerto Rico hiring expectations
June 12, 2024
The telecommunications sector leads with a 31% hiring outlook for the third quarter. #NewsismyBusiness
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Puerto Rico grocers tackle rising food prices differently than U.S. retailers
June 3, 2024
Puerto Rico’s food industry is subject to additional inflationary pressures. #NewsismyBusiness
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Puerto Rico’s commercial real estate hangs on after triple-whammy
April 16, 2024
The commercial real estate (CRE) market faced a challenging year in 2023, experts say. #NewsismyBusiness
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Inflation to drop further in 2024 but stay above 2% target
December 26, 2023
Statista sees Puerto Rico inflation closing at 2.89% this year and falling to 1.15% in 2024, and going back up in 2025 to 1.91%. #NewsismyBusiness
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Holiday sales expected to grow 3% to 4.6% in Puerto Rico
November 2, 2023
They emphasize e-commerce and early shopping strategies. #NewsismyBusiness
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Puerto Rico’s retail sales remain strong despite inflation
July 13, 2023
Small and medium-sized businesses see annual sales increase amid a challenging economic climate. #NewsismyBusiness
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Goya de Puerto Rico focuses on ‘price analysis’ amid inflation
May 19, 2023
Inflation, plus a scarcity in raw materials, has led to increasing prices on some goods. #NewsismyBusiness
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Puerto Rico businesses, consumers weary of island’s economic panorama
March 3, 2023
Energy costs, persisting worker shortage and Puerto Rico’s tax load are the three main concerns.
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Pierluisi submits bill to increase tax benefits to offset inflation
January 4, 2023
Gov. Pedro Pierluisi announced he will submit a bill to the Legislature that would introduce a cost-of-living adjustment to Puerto Rico’s Internal Revenue Code to increase tax benefits and offset the effects of inflation on individuals. “The COVID-19 pandemic and other global factors have contributed to the increase in the cost of living for Puerto […]
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