Our Puerto Rico Covid-19 Dashboard includes up to date information of the evolution of #Covid-19 in Puerto Rico. Also compare Puerto Rico with other countries and US states (page 2). Data is updated daily.
The deep economic effects of Covid-19 are reflected in the unprecedented rise of unemployment claims around the world. In Puerto Rico, cumulative unemployment claims in the five weeks following the lockdown reached 200,419, three times the total claims during 2019. This number is in line with the US when measured in relation to the labor force. Covid-19 is also impacting the large informal economy of the Island, which is not eligible for unemployment insurance. On the other side, Puerto Rico may be seen as a safe place to do business given the successful containment of the virus so far, and as an ideal location from where to work remotely in the future.
Mobility restriction measures have the objective of reducing the contagion of Covid-19. The V2A Covid-19 Mobility Dashboard compares mobility reductions/increases with the spread of Covid-19 in all States of the US and more than 100 countries including Puerto Rico. Several Countries/States can be selected to compare mobility in various sectors/areas (Retail and Recreation, Grocery and Pharmacy, Parks, Residential, Workplace, Transit Stations) and the evolution of positives per 100k population on a daily basis.
The crisis brought upon all of us by COVID-19 has made both citizens and lawmakers demand quick action and trustworthy solutions, as well as made us all question the benefits of globalization. While producers have logically favored moving supply chains overseas to optimize their cost base, the reality is that neglecting a reliable domestic supply of certain goods has become a national security issue. Pharmaceutical products are a clear example. This report is meant to highlight Puerto Rico’s readiness to insert itself into the COVID-19 pandemic response and the pharmaceutical repatriation effort that will likely follow
Manténgase informado y al día con la evolución del # Covid-19 en la República Dominicana. También compare los niveles y velocidad de infección de República Dominicana vs. otros países. (Página 2). Los datos se actualizan diariamente.
Medidas económicas para hacer frente a los efectos del Covid-19: comparación entre República Dominicana y otros países
La crisis del COVID-19 ha hecho que los países activen todo tipo de protocolos. Además de las medidas sanitarias tomadas desde el inicio de la Pandemia, se han empezado a aplicar otro grupo de medidas destinadas a compensar el impacto económico en los diversos sectores de la sociedad. En este análisis comparamos las medidas económicas tomadas en la República Dominicana y en una selección de países de Latinoamérica y Europa
The Covid-19 will have a large impact on our economy. Estimates from local economists point to a GDP drop between 2.6% and 5.2% in FY 2020 ($2.5B to $5B). However, this confinement period will not affect all businesses and employees in Puerto Rico equally. In this information "capsule" we will identify the employee groups most vulnerable to the effects of Covid-19 amongst the main sectors of our economy
The economic uncertainty that Puerto Rico has experienced in recent years has had a negative effect on the market value of banks that have their main operations located in the Island. However, the solid performance of local banks in terms of profitability and capital adequacy has translated into important increases in market capitalization, eliminating or significantly reducing their market risk premium.
In general, Puerto Rico hospitals score lower than the national average in quality metrics, based on reports from the Centers for Medicare and Medicaid Services (CMS) Hospital Compare database. The difference is significant in metrics related to readmission, mortality, and Emergency Department (ED) care. In this Insight we analyze several of these outcomes and explore the possible reasons behind them.
On October 21st First BanCorp., the bank holding company of FirstBank Puerto Rico (FirstBank), announced the acquisition of Banco Santander Puerto Rico (BSPR) for a $63M premium to BSPR’s core tangible common equity ($362M) in an all cash transaction. In this insight we will analyze the expected new market shares in the Puerto Rico banking sector after this acquisition and the recently announced purchase of Scotiabank operations by Oriental Bank.