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Puerto Rico United States flags

Michelle Kantrow October 6, 2021
According to the latest numbers published, close to 91% of prospective citizens pass both the test and the English proficiency test, which is the second component of the citizenship test. (Credit: Ruletkka | 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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