September 7, 2011 - Government Development Bank for Puerto Rico

ECONOMIC INDICATORS
PUERTO RICO
UPDATED as of SEPTEMBER 7, 2011
Labor Force (thds.) 1/
Civilian Population
Labor Force
Participation Rate
Employment, Total
Non-farm Wage & Salary Employment
Self-Employment 1a/
Unemployed, Total
Unemployment Rate (%)
Employment Rate
Payroll Employment 2/
Total (thds.)
Government Private
Construction & Mining
Trade
Transportation, Warehouse & Utilities
Information
Finance, Insurance & Real Estate
Services Manufacturing
Durable Goods
Nonmetallic Mineral Product
Fabricated Metal Product
Computer and Electronic Product
Electrical Equipment, Appliance &
Components
Other
Nondurable goods
Food
Apparel
Chemical
Other
Jul-11
Jun-11
3,153.7 1,278.3 40.5 1,084.3 896.8 165.2 194.0 15.2 34.4 3,158.9 1,269.1 40.2 1,061.9 886.0 156.6 207.2 16.3 33.6 12 FY
Jul-10 Jul - Jul
3,097.4 3,158.9 1,285.8 1,269.1 41.5 40.2 1,067.9 1,061.9 900.7 886.0 149.4 156.6 217.8 207.2 16.9 16.3 34.5 33.6 Jul-11
917.6 274.1 643.5 28.0 154.2 14.4 19.7 44.9 300.7 81.6 33.5 2.5 3.4 5.9 5.1 16.6 48.1 11.4 7.5 20.9 8.3 Jun-11
924.2 277.0 647.2 27.4 157.1 14.3 19.6 44.8 302.5 81.5 33.3 2.2 3.5 6.0 5.1 16.5 48.2 11.5 7.2 20.9 8.6 Jul - Jul
3,097.4 1,285.8 41.5 1,067.9 900.7 149.4 217.8 16.9 34.5 % Ch.
2.0
-1.3
-3.2
-0.6
-1.6
4.8
-4.9
-3.6
-2.5
11 FY
Jul-10 Jul - Jul
920.0 917.6 270.1 274.1 649.9 643.5 32.5 28.0 156.0 154.2 13.7 14.4 18.5 19.7 45.4 44.9 298.3 300.7 85.5 81.6 34.0 33.5 2.2 2.5 3.7 3.4 5.7 5.9 Jul - Jul
% Ch.
920.0 270.1 649.9 32.5 156.0 13.7 18.5 45.4 298.3 85.5 34.0 2.2 3.7 5.7 -0.3
1.5
-1.0
-13.8
-1.2
5.1
6.5
-1.1
0.8
-4.6
-1.5
13.6
-8.1
3.5
5.1 17.3 51.5 11.5 8.1 21.7 10.2 0.0
-4.0
-6.6
-0.9
-7.4
-3.7
-18.6
5.1 17.3 51.5 11.5 8.1 21.7 10.2 Preliminary
Tourism (thds.) 4/
Total Hotel Registrations
Residents
Nonresidents
Tourist Hotel Registrations
Residents
Nonresidents
Occupancy Rate Tourist Hotels (%)
5.1 16.6 48.1 11.4 7.5 20.9 8.3 12 FY
Jul-10 Jul - Jul
1
1
5
75 88 1,790 310 2,100 2
0
17 0
4
2
9
3
May-11Apr-11May-10
162.1 186.8 148.6 51.4 48.9 45.9 110.7 137.9 102.6 154.2 177.1 140.7 49.6 46.5 44.2 104.6 130.6 96.5 65.6 73.6 67.1 Government development bank for puerto rico
12 FY
Promotion Activities 3/ Jul-11
Number of Projects
1
Employment Committed
75 Payroll Committed ($ thds.) 1,790 Investment Committed ($ thds.)
2,100 Number of Plant Openings
0
Employment at Beginning Operation
0
Plant Shutdowns
2
Employment Lost in Shutdowns 3
Jun-11
31 1,362 29,051 35,590 3
32 12 92 11 FY
11 FY
Jul - May
1,821.2 544.8 1,276.3 1,727.6 523.7 1,203.9 68.5 11 FY
Jul - Jul
1
5
88 310 2
17 4
9
% Ch.
0.0
1,400.0
1,929.1
577.4
NC
NC
-50.0
-66.7
10 FY
Jul - May
% Ch.
1,738.4 515.2 1,223.3 1,640.6 492.8 1,147.8 68.9 4.8
5.8
4.3
5.3
6.3
4.9
-0.5
ECONOMIC INDICATORS
PUERTO RICO
UPDATED as of SEPTEMBER 7, 2011
Consumer Price Index (% ch.) 5/
Index Base: Dec 2006=100
All Families
Food and beverage
Housing
Apparel
Transportation
Medical care
Recreation
Education and communications
Others goods and services 12 FY
11 FY
Jul-11
Jun-11
Jul-10 Jul - Jul
Jul - Jul
-0.2 0.3 -0.2 -0.7 -0.9 0.2 0.1 0.5 0.1 -0.1 0.2 -0.2 -0.8 -0.2 0.0 -0.2 -0.1 0.1 Construction Permits 7/
Number of Construction Permits
Private
Public
Value of Construction Permits (thds. $)
Industrial
Commercial
Residential
Other
Number New Dwelling Units
Private
Public
Value New Dwelling Units (thds. $) Private
Public
-0.3 0.0 -1.2 -1.2 0.1 -0.1 0.7 1.0 -0.2 3.4 2.4 3.8 -3.7 6.8 5.5 -0.7 1.6 0.1 10 FY
Jun-10
Jul - Jun
1,682
18,501
658 6,708
734
8,551
259
2,881
30
361
Jul - Jun
19,235
7,057
8,759
3,047
372
11 FY
10 FY
Oct-10Sep-10Oct-09 Jul - Oct
411 474 440 1,739 380 445 415 1,635 31 29 25 104 121,968 94,428 88,187 387,870 1,162 6,720 1,000 18,523 9,146 10,118 10,902 30,822 29,073 33,533 33,136 132,117 82,587 44,057 43,149 206,408 356 381 615 1,678 354 380 565 1,669 2
1
50 9
23,740 24,262 30,499 108,820 23,659 24,177 26,813 108,433 81 85 3,686 387 12 FY
Cement Data (thds.) 8/
Jul-11
Jun-11
Jul-10 Jul - Jul
Domestic Production (94lb. bags)
1,352 1,237 1,383 1,352 Total Sales ( 94lb. bags & bulk)
1,424 1,485 1,456 1,424 11 FY
External Trade (million $) 7/
May-11Apr-11May-10Jul - May
Exports
4,754 4,897 4,947 59,709 United States
3,476 3,692 3,682 42,191 Foreign Countries
1,260 1,192 1,256 17,348 Virgin Islands
18 13 10 170 Imports
4,095 4,486 3,618 40,630 United States
1,745 1,847 1,769 19,052 Foreign Countries
2,129 2,409 1,697
19,814 Virgin Islands
221 230 152 1,763 Trade Balance
659 411 1,329 19,079 Government development bank for puerto rico
1.7
0.8
-0.4
-1.6
5.6
3.5
0.5
2.6
0.5
11 FY
Electric Energy Consumption 6/ Jun-11May-11
Total (mm kwh)
1,554
1,563
Residential
575
559
Commercial
708
728
Industrial
242
247
Other
30
31
Jul - Oct
1,848 1,725 123 535,787 7,069 44,884 214,291 269,543 1,910 1,783 127 116,517 108,841 7,676 % Ch.
-3.8
-4.9
-2.4
-5.4
-3.0
% Ch.
-5.9
-5.2
-15.4
-27.6
162.0
-31.3
-38.3
-23.4
-12.1
-6.4
-92.9
-6.6
-0.4
-95.0
11 FY
Jul - Jul
1,383 1,456 % Ch.
-2.3
-2.2
10 FY
Jul - May
% Ch.
55,698 37,776 17,788 134 37,097 18,933 16,736 1,428 18,601 7.2
11.7
-2.5
26.7
9.5
0.6
18.4
23.5
2.6
ECONOMIC INDICATORS
PUERTO RICO
UPDATED as of SEPTEMBER 7, 2011
11 FY
Transportation & Cargo 9/Apr-11Mar-11Apr-10 Jul - Apr
Air Passenger Traffic (thds.)
Inbound
Outbound
Net Balance
Air cargo (thds. of lbs.) Inbound
Outbound
Net Balance
380 395 -15 28,712 20,755 7,957 417 431 -14 29,421 21,846 7,575 415 425 -10 24,620 29,911 -5,291 Quarterly Change
Commercial Banking (million $) 10/
II 11
I 11II 10
Total assets Cash & Balances due from
Depository Institutions
Investment & Securities
Loans & Leases, Net of Unearned
Income & Allowances
Other Assets
Total Liabilities and Capital
Total Liabilities
Deposits
Non Interest-bearing
Interest-bearing
Other Liabilities
Capital
Selected Loan Activity
Real Estate
Commercial, Indust. & Agr. Individuals
Leases
Other Loans
GDB Economic Activity Index (Jan 1980=100)
% Ch.
3,974 3,992 -18 289,239 220,718 68,520 -1.4
-1.1
62.2
1.0
-1.9
10.3
Outstanding Balance
II 11II 10
% Ch.
-895.2 -3,782.0 73,724.2 82,850.4 -11.0
562.0 -762.3 555.0 -400.1 1,615.0 4,071.7 -1,391.4 11,852.8 5,130.3 16,433.5 -20.6
-27.9
-809.3 111.7 -897.9 -1,017.3 -94.4 223.2 -317.7 -922.9 119.4 -628.5 -421.6 -895.2 -853.5 664.4 311.8 352.6 -1,517.9 -41.7 -742.2 351.0 -163.5 -22.4 -23.8 -7,220.6 48,330.3 3,215.1 9,469.5 -3,782.0 73,724.2 -4,663.5 66,848.8 -9,776.1 49,015.3 -727.1 9,270.9 -9,049.0 39,744.3 5,112.6 17,833.5 881.5 6,875.4 -5,335.4 31,750.7 -1,847.7 10,439.1 -262.5 5,467.9 -56.9 411.1 -88.5 1,636.7 49,481.4 11,805.3 82,850.4 75,615.4 49,706.1 8,646.2 41,059.9 25,909.3 7,235.0 -2.3
-19.8
-11.0
-11.6
-1.4
7.2
-3.2
-31.2
-5.0
-4.6
8.8
-7.1
82.7
-15.9
-659.6 88.6 -65.9 -23.5 -98.2 Jul-11
Preliminary
Jun-11
Jul-10
Jun-11May-11
126.6
126.9
Jun-10
33,295.5 9,597.6 5,883.1 225.0 1,945.3 12 FY
11 FY
Jul - Jul
Jul - Jul
% Ch.
494.3
-49.0
445.3
397.8
329.2
172.0
97.6
56.6
0.1
0.0
62.0
14.6
26.8
4.6
19.8
27.7
27.7
23.5
0.0
26.1
30.8
-27.6
-21.1
-32.8
-42.4
1,188.1
NC
343.4
19.6
-68.5
10.9
-42.5
6.9
6.9
General Fund Gross Revenues 610.4
1,257.7
494.3
610.4
Less: Reserve for Tax Refunds
-49.0
-119.0
-49.0
-49.0
General Fund Net Revenues
561.4
1,138.7
445.3
561.4
Tax Revenues
520.4
943.6
397.8
520.4
Income Taxes
238.2
616.1
329.2
238.2
Individuals
135.7
110.9
172.0
135.7
Corporations
65.6
350.9
97.6
65.6
Withheld to Nonresidents
32.6
151.4
56.6
32.6
Tollgate
1.1
0.5
0.1
1.1
Sales & Use Tax
0.0
95.2
0.0
0.0
Excise Taxes, Total
274.9
220.1
62.0
274.9
Alcoholic Beverages
17.4
29.7
14.6
17.4
Motor Vehicles
8.4
31.5
26.8
8.4
Licenses, Total
5.1
7.6
4.6
5.1
Nontax Revenues
11.4
166.9
19.8
11.4
From Non-Commonwealth Sources 29.6
28.2
27.7
29.6
Excise on Offshore Shipments
29.6
28.2
27.7
29.6
11 FY Economic Activity Index 12/
Jul - Apr
-897.9 Government Revenues (million $) 11/
3,918 3,947 -29 292,040 216,481 75,559 10 FY
Jul - Jun
129.2
127.5
10 FY
Jul - Jun
% Ch.
131.2
-2.9
SOURCES: 1/ Dept. of Labor and Human Resources, Household Survey. 1a/ Includes self-employment & family without payment. 2/ Dept. of Labor & Human
Resources, Establishment Survey. Industry Classification: NAICS. 3/ P.R. Industrial Development Company. 4/ P.R. Tourism Company. 5/ Dept. of Labor &
Human Resources. 6/ P.R. Electric Power Authority. 7/ P.R. Planning Board. 8/ Production: Puerto Rico Cement Co. & San Juan Cement Co. Sales: Puerto Rico
Cement Co., San Juan Cement Co. & Antilles Cement Co. Imports by Antilles Cement began in 1996. 9/ P.R. Ports Authority. 10/ Commissioner of Financial
Institutions. 11/ P.R. Department of the Treasury. Sales & Use Tax began in nov 2006. 12/ Government Development Bank. Note: percent changes reflect
actual values (no rounding). http://www.gdbpr.com