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 […]