The island’s economy grew 2.1% in fiscal 2024, driven by consumption and trade. #NewsismyBusiness
Puerto Rico’s construction sector “has always played a categorical role in the transformation of the economic and social development.” #NewsismyBusiness
The agreement between the agency and the UPR’s Mayagüez campus will benefit government accounting, reporting and transparency. #NewsIsMyBusiness
More than half a million employees benefit, contributing an additional $116.6 million to the island’s payroll. #NewsismyBusiness
Planning Board uses Okun’s Law and federal funds data to forecast economic and employment trends through 2033. #NewsismyBusiness
The Planning Board presented an upward revision of the economic projections for those fiscal years. #NewsismyBusiness
Fiscal year 2022 sees the highest growth in 23 years, led by personal consumption and investment. #Newsismybusiness
For about 30 years, observers have questioned the reliability of the macroeconomic statistics that the government of Puerto Rico prepares through its Planning Board. The technical questions about the quality of these statistics have been numerous, diverse, and persistent. On occasion, these questions have played a leading role in creating the conditions for Puerto Rico’s fiscal, […]
The Puerto Rico Planning Board released macroeconomic data closing out the island’s Fiscal 2018, showing that the Gross Domestic Product (GDP) at constant prices totaled $5.7 billion or -4.7%, compared to Fiscal 2017. At current prices it was $6.8 billion or 2.8 percent, for the same comparison, Planning Board President María C. Gordillo said. “These […]
The Puerto Rico Planning Board is requesting public comment on FEMA’s updated flood maps, which reflect new information and lessons learned from the widespread damage caused by Hurricane María.
The Puerto Rico Planning Board revealed that, according to estimates made in coordination with the Federal Emergency Management Agency, some 200,000 homes are located in flood-prone areas, as per flood maps for insurance rates.
The Puerto Rico Planning Board released economic projections for fiscal years 2017 and 2018, which reflect drops in the Gross Domestic Product of 1.7 percent and 1.5 percent, respectively.
The Puerto Rico Planning Board revised the island’s macroeconomic data for the end of fiscal 2016, reflecting a decrease in the Gross Domestic Product of 1.1 percent.
The Puerto Rico Planning Board presented Thursday revised economic projections confirming that the Commonwealth’s gross national product (GNP) will be reduced by $116.4 million during fiscal 2016 and $143.0 million in fiscal 2017.
Puerto Rico Planning Board President Luis García-Pelatti told lawmakers over the weekend that the island will experience negative economic growth of 1.3 percent and 4.2 percent, respectively in Fiscal 2015 and 2016, when the scenario is looked at from a pessimistic point of view.
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