Puerto Rico’s retail sales were apparently affected by the COVID-19 pandemic in 2020, when activity decreased by 2.4%, when compared to the same 12-month period in 2019, according to data provided by the Department of Economic Development and Commerce. However, general sales registered for the month of December 2020 increased to $3.05 billion, which represents […]

Retail sales in Puerto Rico continued to rise during the months of October and November 2020, registering increases of 9.0% and 4.5%, respectively.  The industry rebound has occurred to the extent that the economic reopening and prevailing health conditions related to the COVID-19 pandemic have allowed it. Total sales amounted to $2.8 billion in October, […]

Puerto Rico’s retail sales increased by 14.8% in July, compared to the same month of the previous year, according to the Retail Sales Report issued by the Department of Economic Development and Commerce’s Office of Economic Analysis. Retail sales reached $2.8 billion in July, four months into the restrictions on the economy put in place […]