June 8, 2021 Jamaica’s Net International Reserves (NIR) totalled US$3,418.90 million as at May 2021, reflecting an increase of US$100.92 million relative to the US$3,317.98 million reported at the end of April 2021 (see figure 1). Foreign Assets totalled US$4,349.12 million, US$97.09 million more than the US$4,252.04 million reported for April 2021. ‘Currency & Deposits’
June 02, 2021 Government Operations Results for April 2021 For the period of April 2021, the GOJ reported Total Revenues & Grants of $75.73 billion, $3.41 billion more than the Government’s projection. This represented an increase of approximately 105.1% relative to the $36.92 billion recorded for the corresponding period in 2020. ‘Grants’ amounted to $93.5
June 02, 2021 Overview For January to March 2021, real GDP is estimated to have fallen by 5.7%, relative to the corresponding quarter of 2020. The Goods Producing Industry grew by 3.0% while the Services Industries fell by 8.1%. Notably, there is a gradual tempering of the rate of contraction as indicated by the preliminary
June 01, 2021 Total Construction During April 2021, construction spending rose at an estimated seasonally adjusted annual rate of 0.2% (±0.8%) to $1,524.2 billion above the revised March estimate of $1,521.0 billion, reported by US Census Bureau. This April figure is 9.8% (±1.2%) above the April 2020 estimate of $1,387.9 billion. Private Construction According to
May 31, 2021 In April, personal income fell $3.21 trillion (13.1%) in the U.S, according to estimates released by the Bureau of Economic Analysis. Disposable personal income (DPI) decreased $3.22 trillion (14.6%) and personal consumption expenditures (PCE) climbed $80.3 billion (0.5%). Real DPI declined 15.1% in April, and Real PCE fell 0.1% with goods decreasing 1.3%
May 27, 2021 The Bank of Jamaica (BOJ) held its Quarterly Monetary Policy Press Conference on May 19, 2021. Where the Governor, Mr. Richard Byles, commented on the Bank of Jamaica's entrance into a new paradigm of central banking in Jamaica with the implementation on 16 April 2021 of the Bank of Jamaica (Amendment) Act,
May 26, 2021 For the month of April, jobless rates were lower in 12 states and the District of Columbia and was unchanged in 38 states based on a report by the Bureau of Labour Statistics (BLS). Forty-eight states and the District experienced jobless rate decreases from last year, 2 states had little or no
May 25, 2021 USA Economic Review -April 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, is,
May 25, 2021 Monthly Economic Review - April 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
May 19, 2021 Consumer Price Index – April 2021 According to the Statistical Institute of Jamaica (STATIN) the consumer price index for April 2021 was 107.7 resulting in deflation rate of 0.5%, when compared to the previous month’s inflation rate of 1.1%. STATIN noted that, “This decline was as a result of the 4.0% fall
