Gianrene Padilla
May 30, 2022
Author Gianrené Padilla is a member of the Viva Puerto Rico Short-Term Rental Alliance.
QUOTE OF THE WEEK
Sponsored by RSM
“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.
A Dow Jones/Factiva content provider since 2014
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