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27 11, 2020

Government of Jamaica approves US$25 million for Modernisation of the Agriculture Sector Programme (MASP)

2020-11-27T13:59:34-05:00

November 27, 2020 The Government of Jamaica has approved the US$25-million Modernisation of the Agriculture Sector Programme (MASP) to be included in the Public Sector Investment Programme. The initiative is a five-year project that will be completed by the ministry of agriculture and fisheries and financed by a US$25 million loan from the Inter-American Development

Government of Jamaica approves US$25 million for Modernisation of the Agriculture Sector Programme (MASP)2020-11-27T13:59:34-05:00
23 11, 2020

U.S. Unemployment Rates Down in 37 states in October

2020-11-23T15:18:27-05:00

November 23, 2020 For the month of October, jobless rates were lower in 37 states, higher in 8 states, and unchanged in 5 states and the District of Columbia based on a report by the Bureau of Labour Statistics (BLS). Forty-seven states and the District experienced jobless rate increases from last year, and three states

U.S. Unemployment Rates Down in 37 states in October2020-11-23T15:18:27-05:00
20 11, 2020

USA Monthly Economic Review- October 2020

2020-11-20T15:55:28-05:00

November 20, 2020 USA Economic Review- October 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,

USA Monthly Economic Review- October 20202020-11-20T15:55:28-05:00
20 11, 2020

Monthly Economic Review – October 2020

2020-11-20T13:24:27-05:00

November 20, 2020 Monthly Economic Review - October 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

Monthly Economic Review – October 20202020-11-20T13:24:27-05:00
20 11, 2020

Bank of Jamaica Quarterly Monetary Policy Report – October 2020

2020-11-20T13:18:05-05:00

November 20, 2020 The Bank of Jamaica (BOJ) held its Quarterly Monetary Policy Press Conference on November 19, 2020. Where the Governor, Mr. Richard Byles, commented on the Bank’s decision to maintain the policy interest rate at 0.50% per annum. According to the Governor, “This decision to hold the policy rate is based on our

Bank of Jamaica Quarterly Monetary Policy Report – October 20202020-11-20T13:18:05-05:00
18 11, 2020

Review of Jamaica’s Economic Performance July- September 2020

2020-11-18T14:48:19-05:00

November 18, 2020 The PIOJ presented the preliminary estimates on economic performance for quarter the July to September 2020 quarter. The following were noted:   Overview of Real Industry Developments  For July to September 2020, real GDP fell by an estimated 11.3% relative to the corresponding quarter of 2019. The Goods Producing and Services Industries contracted

Review of Jamaica’s Economic Performance July- September 20202020-11-18T14:48:19-05:00
17 11, 2020

Monthly inflation rate of 0.8% for October 2020

2020-11-17T14:32:07-05:00

November 17, 2020 Consumer Price Index – October 2020 According to the Statistical Institute of Jamaica (STATIN) the consumer price index for October 2020 was 106.9 resulting in an inflation rate of 0.8%, a 0.6% increase when compared to the previous month’s 106.1 price index. Notably, STATIN indicated that the main contributor to this increase

Monthly inflation rate of 0.8% for October 20202020-11-17T14:32:07-05:00
10 11, 2020

USA Unemployment Rate Fell to 6.9% in October

2020-11-10T14:41:02-05:00

November 10, 2020 Total nonfarm payroll employment climbed 638,000 in October, as the unemployment rate fell to 6.9%, according to a report by the U.S. Bureau of Labour Statistics (BLS). The improved performance was due to the continued resumption of economic activity that had been curtailed due to the coronavirus (COVID-19) pandemic and efforts to

USA Unemployment Rate Fell to 6.9% in October2020-11-10T14:41:02-05:00
9 11, 2020

Net International Reserves- October 2020

2020-11-09T12:36:32-05:00

November 9, 2020 Jamaica’s Net International Reserves (NIR) totalled US$2,893.31 million as at October 2020, reflecting an increase of US$145.81 million relative to the US$2,747.49 million reported at the end of September 2020 (see figure 1). This significant change in the NIR resulted from a US$146.25 million increase in Foreign Assets which total US$3,859.62 million

Net International Reserves- October 20202020-11-09T12:36:32-05:00
5 11, 2020

U.S. unemployment claims decreased for the week ended October 31

2020-11-05T14:02:59-05:00

November 5, 2020 The seasonally adjusted initial claims, advance estimate, decreased by 7,000 to 751,000 for the week ending October 31 from the prior week's revised level, according to the U.S. Department of Labour (DOL). The prior week's level was revised from 751,000 to 758,000 up by 7,000. In comparison to the previous week’s average, the 4-week moving average was 787,000,

U.S. unemployment claims decreased for the week ended October 312020-11-05T14:02:59-05:00