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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Op-Ed: Saving money while navigating turbulent times ahead
June 16, 2022
We need to let go of limiting money beliefs and create the habits to succeed.
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EDB: ‘US inflation outlook consistent with prices increase perceived by local consumers’
October 20, 2021
The Puerto Rico Economic Development Bank’s (EDB, in Spanish) Center for Economic Studies confirmed in a report that the inflationary outlook in the US mainland is consistent with the increase in prices perceived by local consumers. During a news conference, EDB President Luis Alemañy said from the lowest point recorded in June last year (-1.7%), […]
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Op-Ed: The storm we’re not preparing for…inflation or hyperinflation
May 26, 2021
As May rolls out, and June approaches, all the meteorological and emergency management pundits start their media tours to forewarn everyone on getting prepared for hurricane season, which will last up until November. The warnings become full campaigns, which will flood the airwaves and the social media environment hoping that preparations will somehow reduce the […]
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