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Covid 19

Michelle Kantrow November 17, 2020
Since the web is loaded with experts on the topic, it is always prudent to take a frequent peek or two at the most informative topics about the global effects of COVID-19, not only on the business level but the social consequences. (Mikiell | Dreamstime.com)

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QUOTE OF THE WEEK

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“Customers continue to spend, maybe not at the same pace as during the [COVID-19] pandemic, but it continues to be the motor of the economy in Puerto Rico and in the [mainland] U.S.”

 

— Ignacio Álvarez, CEO of Popular Inc., on the bank’s first-quarter earnings, which although declined compared to last year’s figures due to industry-wide adjustments, sustained consumer spending remains a positive indicator.

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