Fiscal Situation Update: Fiscal Year 2013-2014 Budget

This Fiscal Update Report presents an independent analysis of the proposals contained in the Governor’s budget request for fiscal year 2014. The analysis is based on CNE’s evaluation and interpretation of the budget data, rather than the Administration’s, and may incorporate estimates made by CNE’s staff or by other private sector analysts. Our analysis also includes a review of the fiscal trends for the fiscal year 2013, which ends on June 30, as well as an update of ten budget indicators that we have followed over the last seven years.

Fiscal Situation Update: Fiscal Year 2012-2013 Budget

The Center for the New Economy (CNE) has just published its analysis of the proposals contained in the Governor’s budget request for fiscal year 2013. The analysis also includes a review of the fiscal trends for the fiscal year 2012, which ends on June 30, as well as an update of ten budget indicators that CNE has followed over the last five or six years.

Coffee Cultivation and Economic Development in the Castañer Region

Coffee has been grown in Puerto Rico for over 275 years. Between 1855 and 1898, for a relatively brief moment, all the necessary conditions to sustain a vigorous coffee industry were sustained in Puerto Rico: cheap land; an abundant, dependent and low-paid labor force; credit and financing by merchant firms; favorable access to international markets; relatively high market prices; and the agricultural know-how to take advantage of it all. Today, however, the coffee industry is on the verge of disappearing from the island.

Rethinking the Governance of State-Owned Enterprises in Puerto Rico

The executive branch of the government of Puerto Rico carries out its operations through two distinct sets of administrative structures. On the one hand, there are the agencies and departments, such as the Justice and the Treasury departments, which constitute the “central government” of the Commonwealth. On the other hand, there are the state- owned enterprises, commonly known as “public corporations” in Puerto Rico, which constitute what we may call the “other” central government of Puerto Rico.

Fiscal Situation Update: An Analysis of the Governor’s Proposed Budget for Fiscal Year 2012

This Fiscal Update Report prepared by the Center for a New Economy (CNE) presents an independent analysis of the proposals contained in the Governor’s budget request for fiscal year 2012. The analysis is based on CNE’s evaluation and interpretation of the budget data, rather than the Administration’s, and may incorporate estimates made by CNE’s staff or by other private sector analysts.

Fiscal Situation Update: Fiscal Year 2010-2011 Budget

This Fiscal Update Report prepared by the Center for a New Economy (CNE) presents an independent analysis of the proposals contained in the Governor’s budget request for fiscal year 2010-2011. The analysis is based on CNE’s evaluation and interpretation of the budget data, rather than the Administration’s, and may incorporate estimates made by CNE’s staff or by other private sector analysts.

Summary of the Puerto Community Survey Data for 2009

The U.S. Bureau of the Census recently released data from the Puerto Rico Community Survey for 2009.  This survey is the Puerto Rico equivalent of the American Community Survey.  The data offers a sobering reminder of Puerto Rico’s economic situation. The following are some of the highlights from the data released by the Census.