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Local consumer financial fragility will depend on companies’ ability to absorb costs before passing them to consumers, price sensitivity and the availability of substitute products. (Credit: 1000words | Dreamstime.com)
The White House
The Federal Reserve building in Washington, D.C.
Puerto Rico must brace for possible oil price spikes amid Middle East uncertainty. (Credit: Kitano | Dreamstime.com)
An aerial view of the Golden Mile, the main financial district of San Juan, Puerto Rico.
New York Fed President John C. Williams speaks with Mike Soto-Class, CEO of the Center for a New Economy, during a moderated discussion.
From left: Miriam García-Velázquez, director of the Planning Board’s Subprogram of Social Analysis, Models and Projections; Alejandro Díaz-Marrero, director of the Economic and Social Planning Program; and Héctor Morales-Martínez, president of the Puerto Rico Planning Board.
The NielsenIQ report explains how Puerto Rico’s retail formats and product categories responded to recent economic and consumer shifts.