United States: U.S. Economic Recovery Is Stalling and It May Get Even Worse “The official numbers have begun to confirm what many Americans feel in their bones: the economy is buckling once again. Despite assurances from the Trump administration that better times are at hand, the worsening pandemic is restraining or even snuffing out the
July 23, 2020 The seasonally adjusted initial claims, advance estimate, rose to 1,416,000, an increase of 109,000 for the week ending July 18 from the prior week's revised level, according to the U.S. Department of Labour (DOL). The prior week's level was revised to 1,307,000 from 1,300,000 up by 7,000. In comparison to the previous week’s average,
The euro area first quarter of 2020 debt to GDP ratio increased 86.3%, relative to 84.1% booked at the end of 2019’s fourth quarter. Whereas, the EU debt to GDP increased 79.5% for the first quarter from 77.7% booked at the end of 2019 fourth quarter, published by the Eurostat. Additionally, in comparison to 2019
July 22, 2020 According to the statistical office of the European Union (Eurostat), the first quarter seasonally adjusted general government deficit of GDP ratio was 2.2%, the highest deficit reported in the Euro area since the second quarter of 2015. Eurostat noted that, this sharp increase occurred, "when COVID-19 containment measures began to be widely
According to the Statistical office of the European Union (Eurostat), annual inflation rate in June for the euro area and the European Union increased by 0.3% (May 2020: 0.1%) and 0.8% (May 2020: 0.6%), respectively. Notably, Eurostat highlighted that in the month of June, “COVID-19 containment measures have been gradually lifted.” However, a year earlier
July 20, 2020 For the month of June, jobless rates were lower in 42 states and the District of Columbia, higher in 5 states, and unchanged in 3 states based on a report by the Bureau of Labour Statistics (BLS). Forty-nine states and the District had jobless rate increases from last year, but one was
July 17, 2020 Monthly Economic Review - June 2020 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
July 17, 2020 USA Economic Review -June 2020 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,
Consumer Price Index – May 2020 The consumer price index for May 2020 was 103.8 resulting in an inflation rate of 0.1% increase when compared to previous month’s 103.7 price index, according to the Statistical Institute of Jamaica (STATIN). This increase was as result of, ‘Food and Non- Alcoholic Beverages’, the heaviest weighted division 1.1%
July 10, 2020 The final demand for the Producer Price Index decreased 0.2% in June 2020, seasonally adjusted according to the U.S. Bureau of Labor Statistics. Final demand prices rose 0.4% in May and decreased 1.3% in April. On an unadjusted basis, “the final demand index moved down 0,8% for the 12 months ended in
