Puerto Rico’s retail sales were down 1.6 percent year-over-year in September — the most recent statistic available for the sector — when some $2.84 billion in activity was reported.
The Puerto Rico Treasury Department disclosed Monday first quarter revenue of $1.69 billion, a figure that represents a year-over-year increase of $88 million, or 5.4 percent, and exceeded budget estimates for this period by $10.4 million, agency chief Melba Acosta said.
The 874 bankruptcy cases filed in Puerto Rico in September were 4 percent higher than those on record for the same month last year.