March 05, 2021 Total nonfarm payroll employment was little changed by 379,000 in February, as the unemployment rate was relatively unchanged at 6.3%, according to a report by the U.S. Bureau of Labour Statistics (BLS). This was due to the impact of the coronavirus (COVID-19) on the labor market. BLS mentioned that in February, “most
March 3, 2021 Government Operations Results for January 2021 For the period of April to January 2021, the GOJ reported Total Revenues & Grants of $446.27 billion, $2.90 billion more than the Government’s projection. This represented a decrease of approximately 14.1% relative to the $519.31 billion recorded for the corresponding period in 2020. ‘Tax Revenue’
March 03, 2021 Total Construction During January 2021, construction spending rose at an estimated seasonally adjusted annual rate of 1.7% (±0.7%) to $1,521.5 billion, reported by US Census Bureau. This was above the revised December estimate of $ 1,496.5 billion. Moreover, this January figure is 5.8% (±1.0%) above the January 2020 estimate of $1,437.7 billion.
February 26, 2021 In January, personal income rose $1,954.7 billion (10%) in the U.S, according to estimates released by the Bureau of Economic Analysis. Disposable personal income (DPI) rose $1,963.2 billion (11.4%) and personal consumption expenditures (PCE) climbed $340.9 billion (2.4%). Real DPI climbed 11.0% in January, and Real PCE rose 2.0% with goods increasing 5.1% and services
February 25, 2021 USA Economic Review -January 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,
February 25, 2021 The PIOJ presented the preliminary estimates on economic performance for quarter the October to December 2020 quarter. The following were noted: Overview of Real Industry Developments For October to December 2020, real GDP fell by an estimated 9.4% relative to the corresponding quarter of 2019. The Goods Producing and Services Industries contracted by
February 25, 2021 Monthly Economic Review - January 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
February 23, 2021 Consumer Price Index – January 2021 According to the Statistical Institute of Jamaica (STATIN) the consumer price index for January 2021 was 107.3 resulting in deflation rate of 1.6%, when compared to the previous month’s inflation rate of 1.3%. STATIN noted that, “The main contributor to this decrease was a 4.6% fall
February 8, 2021 Jamaica’s Net International Reserves (NIR) totalled US$2,982.80 million as at January 2021, reflecting a decrease of US$147.99 million relative to the US$3,130.79 million reported at the end of December 2020 (see figure 1). This change in the NIR resulted from a US$147.64 million decrease in Foreign Assets which total US$3,938.11 million compared
February 04, 2021 The seasonally adjusted initial claims, advance estimate, decreased by 33,000 to 779,000, for the week ending January 30, from the prior week’s revised level, according to the U.S. Department of Labour (DOL). The prior week’s level was revised from 847,000 to 812,000 down by 35,000. In comparison to the previous week’s average,
