July 22, 2021 USA Economic Review -June 2021 Disclaimer: Analyst Certification -The views expressed in this research report accurately reflect the personal views of Mayberry Investments Limited Research Department about those issuer (s) or securities as at the date of this report. Each research analyst (s) also certify that no part of their compensation was,
July 21, 2021 Building Permits In June, the seasonally adjusted annual rate of privately-owned housing units authorized by building permits was 1,598,000 as per the U.S. Census Bureau. This is 5.1% (±1.1%) lower than the revised May rate of 1,683,000, but 23.3% (±0.9%) higher than the June 2020 rate of 1,296,000. The rate of single-family
July 16, 2021 Consumer Price Index – June 2021 According to the Statistical Institute of Jamaica (STATIN) the consumer price index for June 2021 was 109.8 resulting in an inflation rate of 0.7%, when compared to the previous month’s inflation rate of 1.2%. STATIN noted that, “This movement was primarily as a result of the
July 12, 2021 Total Construction During May 2021, construction spending fell at an estimated seasonally adjusted annual rate of 0.3% (±1.0%) to $1,545.3 billion below the revised April estimate of $1,549.5 billion, reported by US Census Bureau. This May figure is 7.5% (±1.3%) above the May 2020 estimate of $1,437.7 billion. Private Construction According to
July 12, 2021 Jamaica’s Net International Reserves (NIR) totalled US$3,388.71 million as at June 2021, reflecting a decline of US$30.19 million relative to the US$3,418.90 million reported at the end of May 2021 (see figure 1). Foreign Assets totalled US$4,285.89 million, US$63.24 million less than the US$4,349.12 million reported for May 2021. ‘Currency & Deposits’
July 5, 2021 Government Operations Results for May 2021 For the period of April to May 2021, the GOJ reported Total Revenues & Grants of $118.58 billion, $8.11 billion more than the Government’s projection. This represented an increase of approximately 58.9% relative to the $74.62 billion recorded for the corresponding period in 2020. ‘Tax Revenue’
July 05, 2021 Total nonfarm payroll employment increased by 850,000 in June, as the unemployment rate changed slightly to 5.9%, according to a report by the U.S. Bureau of Labour Statistics (BLS). BLS mentioned that in June, “Notable job gains occurred in leisure and hospitality, public and private education, professional and business services, retail trade,
July 2, 2021 According to the Statistical Institute of Jamaica (STATIN), the total value added in the first quarter of 2021 declined by 6.7 per cent when compared to the similar quarter of 2020. This performance was a reflection of the continued impact of the novel Coronavirus (COVID-19) and the measures adopted to contain its
The Bureau of Economic Analysis noted that the U.S. net international investment position totaled -$14.32 trillion at the end of the first quarter of 2021. Moreover, assets amounted to $32.81 trillion whilst liabilities amounted to $47.13 trillion. The net investment position amounted to -$14.01 trillion at the end of the fourth quarter. United States assets had a $555.5 billion
June 28, 2021 The advance international trade in goods recorded a deficit of $88.1 billion in May 2021, up $2.4 billion from $85.7 billion in April 2021. Exports of goods for May were $144.3 billion, $0.5 billion less than exports reported in April. Imports of goods for May amounted to $232.4 billion, $1.9 billion more
