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ECONOMIC INDICATORS DASHBOARD

Recent economic data continue showing improvements in the island’s economy after the sharp disruption caused by the coronavirus lockdown a year ago.

 

Non-farm salaried employment continues to increase

 

 Sectors that continue to recover rapidly are: Recreation and accommodations, retail, educational services, manufacturing, and construction

 

 Retail sales increased 63%

 

 Inflation increased 3.3% in August 2021 compared to the same period in 2020

 

 Initial jobless claims decreased 44%

 
Stay up to date on the latest indicators about employment, unemployment, manufacturing activity, home sales, auto sales, among others.

Guía de herramientas para 

la adaptación comunitaria al cambio climático

Puerto Rico Banking Stability Index

The index continued improving as of the first quarter of 2021. Increased from 0.52 in the first quarter of 2020 to 0.55 in the fourth quarter of 2020 and then to 0.61 in the first quarter of 2021.


 The industry’s profitability improved during the quarter with the return on assets (ROA) increasing for the fifth consecutive quarter from 0.49% in the first quarter of 2020 to 1.42% in the first quarter of 2021.


 Nonperforming loans to total loans (NPLs) show a sequential improvement from 6.57% in the third quarter of 2020 to 5.47% in the first quarter of 2021.


 The solvency of the industry remains strong with the equity capital to total assets at 8.81% in the first quarter of 2021, although lower than 11.74% in the first quarter of 2020.

Financial Stability Index for the Credit Union Industry in Puerto Rico

  The index increased from 0.38 in the fourth quarter 2019 to 0.48 in the second quarter 2020 and to 0.70 in the fourth quarter.

 

 

 Total deposits rose 20% year-on-year to $10.3 billion in the fourth quarter 2020, while loan balances increased 0.21% year-on-year to $5.2 billion, leading up to an improvement in the loan to deposit ratio from 87.63% in the fourth quarter 2019 to 71.27% in the fourth quarter 2020. The trend in asset quality also improved with the nonperforming loans ratio falling from 3.18% to 2.71% during the period. 

 
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BOARD OF DIRECTORS

José J. Villamil, B.Sc.

Economist

Founder and Chief Executive Officer

Graham Castillo Pagán, JD

Economist 

President and Chief Operating Officer

Lcda. Anitza M. Cox, MEd.

Director 

Social Analysis and Policy Division

Wanda Crespo, MP, PPL.

Director

Urban, Environmental, and Regional Planning Division

Carlos Torija, MS.

Director 

Statistics Division