January 20, 2021 USA Economic Review -December 2020 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,
January 14, 2021 The seasonally adjusted initial claims, advance estimate, increased by 181,000 to 965,000 for the week ending January 9, from the prior week’s revised level, according to the U.S. Department of Labour (DOL). The prior week’s level was revised from 787,000 to 784,000 down by 3,000. In comparison to the previous week’s average, the 4-week moving average was 834,250, a
January 13, 2021 The Consumer Price Index for All Urban Consumers (CPI-U) rose 0.4% for December 2020 after increasing 0.2% in November, on a seasonally adjusted basis according to U.S. Bureau of Labor Statistics (BLS). The all items index rose 1.4% before seasonal adjustment over the last year. BLS stated, “the seasonally adjusted increase in
January 12, 2021 The Bureau of Labour Statistics reported that, the number of job openings stood at 6.5 million on the last business day of November. In addition, for November, hires were relatively unchanged at 6.0 million while separations rose to 5.4 million, respectively. Regarding separations, the quits rate stood at 2.2% and layoffs and
January 12, 2021 In 2020 the Atlantic Ocean region saw its most active hurricane season on record. Small island developing states (SIDS) experience the world’s highest frequency of natural disasters, among them hurricanes, cyclones and other violent storms which lead to severe flooding, and in the worst cases loss of life, homes and infrastructure. For
January 11, 2021 The U.S. Bureau of Economic Analysis indicated that, “the goods and services deficit was $68.1 billion in November, up $5.0 billion from $63.1 billion in October, revised.” November exports amounted to $184.2 billion, which was more than October exports by $2.2 billion, whereas, November imports amounted to $252.3 billion which was $7.2 billion more than
January 8, 2021 Jamaica’s Net International Reserves (NIR) totalled US$3,126.13 million as at December 2020, reflecting an increase of US$163.37 million relative to the US$2,962.76 million reported at the end of November 2020 (see figure 1). This change in the NIR resulted from a US$148.76 million increase in Foreign Assets which total US$4,081.09 million compared
January 7, 2021 News Release: Currency Issue During the last eight work-days of December 2020 (21 to 31 December), Bank of Jamaica recorded net currency issue of $9.8 billion to financial institutions (commercial banks, building societies and cambios). The issue for the period contributed to an overall growth of $21.6 billion or 12.8 per cent in the currency stock for December
January 7, 2021 The seasonally adjusted initial claims, advance estimate, decreased by 3,000 to 787,000 for the week ending January 2, from the prior week’s revised level, according to the U.S. Department of Labour (DOL). The prior week’s level was revised from 787,000 to 790,000 up by 3,000. In comparison to the previous week’s average,
December 05, 2021 Unemployment rates trended upward for the month of November in 386 of the 389 metropolitan areas and lower in 3 areas compared to twelve months earlier. According to Bureau Labor Statistics (BLS), “a total of 63 areas had jobless rates of less than 4.0% and 12 areas had rates of at least 10.0%.”
