Puerto Rico’s small businesses are “persevering through… [the] economic crisis,” but are concerned about managing cash flow and rising operating costs, according to the findings of the Federal Reserve Bank of New York’s “Puerto Rico Small Business Survey” released Monday.
The Federal Reserve Bank of New York will launch its “Survey of Consumer Expectations” next week, to provide timely information about consumer expectations and behavior through three categories: inflation, labor market and household finances, the agency announced Tuesday.
Concrete ideas for creating jobs, especially for recent graduates, and a strong commitment to jump-start the economy were the result of the recent meeting between representatives of the Private Sector Coalition and the Federal Reserve Bank of New York, which established agreements to work together to benefit Puerto Rico’s competitiveness.
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