In the year since Hurricane María struck Puerto Rico, the share of so-called “micro-revenue” firms generating $50,000 or less in profits increased.
The Puerto Rico Bankers Association and the Federal Reserve Bank of New York reminded college students between the ages of 17 and 33 years of the upcoming April 6th deadline to participate in the 2018 edition of the “Financial Awareness Video Contest.”
Hurricanes Irma and María did immense damage to Puerto Rico and the U.S. Virgin islands, severely exacerbating what were already very difficult economic conditions. My heart goes out to our fellow citizens who have suffered so much and who face a long and difficult recovery ahead.