Why Puerto Rico | 2018 Retail Market Report WhyPuertoRicoBrochure-High | Page 13

Why Puerto Rico | 2018 Retail Market Report Retail Sales Puerto Rico’s retail establishments reported that in May 2018, sales in the retail sector reached $2,947,681,012. 17.4% From January to May 2018, retail sales accumulated $10,919,607,228, reflecting an increase of 10.9 percent, compared to the same period of the previous year. • • • Increase in retail sales for the month of July 2018 Higher sales increase were for new and used vehicles - 44.3 % increase Furniture stores with 41.9 % Patio and garden stores with 42.8 % Small businesses generated $34 million more than the same month last year. Mid-sized companies generated an increase of $255 million (63.1 percent) in July 2018 Large companies generated $471 million in 2017 compared to $430 million in 2018, representing an increase of 9.5 percent .  2,000,000 2,500,000 3,000,000 3,500,000 Months 0 500,000 1,000,000 1,500,000 Retail Sales Puerto Rico | May 2017 – May 2018 13