The Abaco economy has been identified as one of the most resilient in the Bahamas.
That's because of the number of non-Bahamians who have real estate holdings in Abaco, according to Steve Pedican, chief councillor in Abaco.
Commenting on the economic slowdown, Pedican told The Tribune of Nassau that the second home market in Abaco impacts positively on local business, such as restaurants, pubs and grocery stores.