John C. Williams spoke to the Puerto Rico Chamber of Commerce about the economy, trade tensions and inflation. #NewsismyBusiness
The island’s economy grew 2.1% in fiscal 2024, driven by consumption and trade. #NewsismyBusiness
Chamber of Commerce and industry studies show inflation concerns and trade policy impacts. #NewsismyBusiness
Economic uncertainty and rising rose prices challenge local florists, though some report steady sales. #NewsismyBusiness
Sales strategies extend through the season with deals starting as early as October. #NewsismyBusiness
Credit card debt and inflation are pushing more people in the U.S. and Puerto Rico into financial stress. #NewsismyBusiness
A LiveCareer survey reveals widespread financial anxiety and concerns over lifestyle changes. #NewsismyBusiness
Due to a late Thanksgiving Day on Nov. 28, this year’s holiday peak shopping season is five days shorter than in 2023. #NewsismyBusiness
Investors face rising material and labor expenses as well as challenges with abandoned property. #NewsismyBusiness
The telecommunications sector leads with a 31% hiring outlook for the third quarter. #NewsismyBusiness
Puerto Rico’s food industry is subject to additional inflationary pressures. #NewsismyBusiness
The commercial real estate (CRE) market faced a challenging year in 2023, experts say. #NewsismyBusiness
Statista sees Puerto Rico inflation closing at 2.89% this year and falling to 1.15% in 2024, and going back up in 2025 to 1.91%. #NewsismyBusiness
They emphasize e-commerce and early shopping strategies. #NewsismyBusiness
Small and medium-sized businesses see annual sales increase amid a challenging economic climate. #NewsismyBusiness
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