July 31, 2019 Based on information collected since the Federal Open Market Committee (FOMC) met in June 2019, the findings alluded to a strong labour market with a moderate rise in economic activity. Solid job gains were reported in recent months while the unemployment rate remained subdued. However the growth of business fixed investment
Date: July 30, 2019 In June, personal income rose $83.6 billion (0.4%) according to estimates released today by the Bureau of Economic Analysis. Disposable personal income (DPI) climbed $69.7 billion (0.4%) and personal consumption expenditures (PCE) grew $41.0 billion (0.3%). Real DPI rose 0.3% in June and Real PCE climbed 0.2%. The PCE price index
Date: July 29, 2019 Kindly click the link below to view today's featured stock. Weekly Picks 29.07.19 LASM The information contained herein has been obtained from sources believed to be reliable, however its accuracy and completeness cannot be guaranteed. You are hereby notified that any disclosure, copying, distribution or taking any action in reliance on
Date: July 26, 2019 The Limner and Bards Limited (LAB), for the six months ended April 30, 2019, reported a 28% increase revenues to $334.48 million versus $260.64 million booked in 2018. Revenues for the quarter rose by 7% to $145.11 million (2018: $136.19 million). Cost of operating revenue rose by 30% for the period
Date: July 26, 2019 Wigton Windfarm Limited, for the year ended March 31, 2019, reported sales of $2.48 billion, a 4% increase on the $2.36 billion reported in the prior year. For the quarter, sales amounted to $494.04 million (2018: $447.80 million). Cost of sales went up 5% to close the year end at $740.16
Date: July 26, 2019 Real gross domestic product (GDP) grew for the second quarter of 2019 at an annual rate of 2.1%, based on the "advance" estimate released by the Bureau of Economic Analysis (BEA). The first quarter of 2019 real GDP yielded an increase of 3.1%. According to BEA, the first estimate, released today,
Date: July 26, 2019 The Producer Price Index for the Mining and Quarrying industry posted a decline by 0.5% for June 2019. The movement was a result of the major group, ‘Bauxite Mining & Alumina Processing’ which experienced a similar decline of 0.05% according to Statistical Institute of Jamaica (STATIN). The Manufacturing industry slid 1.5
Date: July 25, 2019 Jamaican Teas Limited (JAMT), for the nine months ended June 30, 2019, reported a decline in revenues to total $1.01 billion (2018: $1.34 billion). For the quarter, revenues amounted to $316.67 million compared to $438.61 million in the previous corresponding quarter. JAMT stated that, “the quarter shows a sharp fall in
Date: July 25, 2019 Real GDP in the first quarter of 2019 increased in all 50 states and the District of Columbia. According to the U.S. Bureau of Economic Analysis (BEA), “The percent change in real GDP in the first quarter ranged from 5.2 % in West Virginia to 1.2 % in Hawaii.” The
Date: July 24, 2019 Gross job gains from opening and expanding private-sector, from September 2018 to December 2018, amounted to an increase of 281,000 jobs from the previous quarter to 7.7 million according to the Bureau of Labour Statistics. It was also noted that gross job losses from closing and contracting private-sector establishments booked 6.9
