AGP Executive Report
Last update: 12 hours agoPuerto Rico Economic Pulse: The Planning Board’s Monthly Economic Summary for July shows mixed signals: the Coincident Economic Activity Index fell 0.7% in May vs. a year earlier, while inflation stayed elevated (CPI up 4.6%), and retail sales slipped 2.2% in April—though year-to-date consumption growth remains positive and construction keeps strengthening, with cement production up 2.2% in June. PREPA Legal Fight: PREPA bondholders urged the U.S. Appeals Court for the First Circuit to let them pursue Puerto Rico’s central government, arguing the Oversight Board’s rules shouldn’t block claims tied to separate alleged actions that cut recoveries. Energy & Grid Incentives: Tigo Energy expanded eligibility for its Virtual Power Plant program across the Mid-Atlantic, building on existing availability in Puerto Rico to help homeowners tap utility-driven incentives tied to battery storage. Local Business & Jobs: Marshalls is set to open a new store in Arecibo, creating about 60 jobs. Community & Culture: San Juan will debut a standalone municipal bond market, while La Gran Feria de Autos Antiguos returns to Hiram Bithorn Stadium Aug. 8-9 with 500+ vehicles expected. Public Health Access: Walgreens rolled out nationwide flu shots for ages 3+ with walk-in and scheduling options.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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