Puerto Rico’s retail sales reached $35.3 billion in 2011, reflecting a $1 billion year-over-year growth, which government officials said Tuesday is a sign “that consumers are keeping optimistic and the island’s economy is maintaining its pace toward recovery.”
The Business Administration Masters program of the Inter American University in Arecibo will be hosting a panel discussion on the "Implications of Globalization on Puerto Rico’s Economy," to present the impact of recent changes in the international economy, and exchange ideas and analysis on how to address them.
If the results of the first quarter of the federal fiscal year are any indication, 2012 should be good for small and mid-sized business lending activity in Puerto Rico and the U.S. Virgin Islands, which is already picking up significantly in contrast to last year’s results.
A Dow Jones/Factiva content provider since 2014
Subscribe to our Dollars & Sense podcast!
