June 09, 2020 During the first quarter of 2020, GDP, seasonally adjusted, declined by 3.6% in the euro area and by 3.2% in the EU, according to the statistical office of the European Union (Eurostat). Notably, In March 2020, COVID-19 containment measures began to be widely introduced by Member States. In addition, in the fourth quarter of 2019,
In April 2020, the COVID-19 containment measures widely introduced by Member States had a significant impact on retail trade, as the seasonally adjusted volume of retail trade declined by 11.7% in the euro area and by 11.1% in the EU, compared with March 2020, according to Eurostat, the statistical office of the European Union. However,
June 5, 2020 Total nonfarm payroll employment increased by 2.5 million in May, as the rate of unemployment decreased to 13.3%, according to a report by the U.S. Bureau of Labour Statistics (BLS). This improvement was attributable to a limited resumption of economic activity that had been curtailed in March and April due to the
June 4, 2020 Brent Oil Brent oil prices increased by 11.62 % or US$4.10, as prices rose this week relative to the prior week. Oil traded on June 04, 2020 at a price of US$39.39 per barrel relative to US$35.29 on May 28, 2020. Brent oil opened 2020 year at US$66.25 per barrel. Petrojam prices
June 3, 2020 Unemployment rates trended upward for the month of April in all 389 metropolitan states compared to twelve months earlier. According to Bureau Labor Statistics (BLS), unemployment rates were, “A total of 52 areas had jobless rates of less than 10.0% and 12 areas had rates of at least 25.0%.” Non-farm payroll employment
Government Operations Results for April 2020 For the period of April 2020, the GOJ reported Total Revenues & Grants of $36.77 billion, $3.70 million more than the Government’s projection. Furthermore, year over year, this represents a decrease of approximately 20.3% relative to the $46.11 billion recorded for the corresponding period in 2019. Tax Revenue’ amounted
Date: June 01, 2020 Lasco Manufacturing, for the year ended March 31, 2020, total revenue increased by 4% from $7.57 billion in 2019 to $7.89 billion in 2020. Revenue increased 5% for the fourth quarter to a total of $2.04 billion, relative to the $1.95 billion recorded for the comparable period in 2019. Cost of
May 29, 2020 In April, personal income rose $1.97 trillion (10.5%) in the U.S, according to estimates released by the Bureau of Economic Analysis. Disposable personal income (DPI) climbed $2.13 trillion (12.9%) and personal consumption expenditures (PCE) fell $1.89 trillion (13.6%). Real DPI rose 13.4% in April and Real PCE declined 13.2%. The PCE price
May 28, 2020 Brent Oil Brent oil prices decreased by 0.55% or US$0.20, as prices fell this week relative to the prior week. Oil traded on May 28, 2020 at a price of US$35.86 per barrel relative to US$36.06 on May 21, 2020. Brent oil opened 2020 year at US$66.25 per barrel. Petrojam prices 87
May 28, 2020 Real gross domestic product (GDP) declined at an annual rate of 5% for the first quarter of 2020 according to the second estimate released by the Bureau of Economic Analysis (BEA). However, for the fourth quarter of 2019, real GDP had a 2.1% growth. The downward movement in real GDP for the
