Puerto Rico
Economy
Puerto Rico's unemployment rate ticked down to 16.8% in May from 16.9% in April. While we believe that Puerto Rico's unemployment rate will drop slightly to 14.0% by year-end as the...
2010-07-29Economy
Puerto Rico's Governor, Luis G. Fortuno, signed into law several measures on July 21 that are intended to promote the development of renewable energy sources in Puerto Rico. Indeed,...
2010-07-29Economy
BMI View: We expect Puerto Rico to continue running a structural fiscal deficit for years to come, meaning the commonwealth will remain dependent on debt issuance and funding from...
2010-07-09Economy
Puerto Rican Governor Luis Fortuno is on the verge of signing the commonwealth's US$9.1bn 2011 budget as the island struggles to return its public finances to an even keel. With revenues...
2010-07-05Economy
Having contracted 6.0% in 2009, we continue to see a decline in export levels in 2010, to the tune of 2.0% to US$58.53bn. Meanwhile, although we forecast real GNP to grow by 0.9% (the...
2010-06-09Economy
Puerto Rico's political risk profile continues to suffer at the hands of high crime and murder rates, which stand out even by regional standards (including Central America). Indeed,...
2010-06-09Economy
BMI View: Despite the Puerto Rican government's commitment to promoting an attractive FDI climate, structural challenges will mean the economy continues to lose out to regional...
2010-06-07Economy
Puerto Rico took a step towards clarifying its political status on April 29, when the US House of Representatives voted 223 to 169 to approve a measure allowing the commonwealth to...
2010-05-12




