Rene Vargas Inclusiv
September 28, 2022
René Vargas, director of the Inclusiv network in Puerto Rico.
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.
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