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Economy, Featured
Environment of ‘moderate financial fragility’ persists in Puerto Rico
NIMB Staff December 20, 2024

The Consumer Financial Fragility Index shows a deterioration this year, while low unemployment and growth in real income offset the increase in loan delinquencies and personal bankruptcies. #NewsismyBusiness

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QUOTE OF THE WEEK:

“In today’s environment of heightened uncertainty, consumers are encouraged to prioritize financial prudence, disciplined expense control and effective budgeting to mitigate further stress on their finances.

 

A ‘wait-and-see’ approach may serve the Fed, but not consumers.”

 

— Leslie Adames, director of analysis and economic policy, Estudios Técnicos

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