Puerto Rico lost an estimated $28.8 million in sales and reflected a 12 percent reduction in its payroll in the first four months after Hurricane María passed through the island, mostly due to the lack of power that kept businesses closed, according to research presented during a forum held by the Retail Association.
With two weeks remaining before the deadline to register with the Federal Emergency Management Agency, more than $2.2 billion in federal aid is helping fuel the recovery for households and businesses in Puerto Rico, the agency said.
Three experts will be headlining this year’s Lean Leadership & Innovation Summit, March 14-15 at Universidad del Este, aimed at helping Puerto Rico’s small and global companies recover and grow from the interruptions Hurricane María caused in recent months.