March 30, 2020 The unprecedented spread of COVID-19 has created a global health crisis. Each day brings new developments as countries around the world seek to "flatten the curve" and achieve "social distance" which is significantly, sharply and suddenly curtailing economic activity around the world. The Jamaican government, led by the Most Hon. Prime
March 27, 2020 Eight states posted lower unemployment rates in February, while one state recorded higher rates for the same month. Unemployment rates remained stable in forty-one states and the District of Columbia based on a report by the Bureau of Labour Statistics (BLS). Last year, there were eleven states with jobless rate decreases, one
March 26, 2020 Brent Oil Brent oil prices decreased by 5.83% or US$1.66, as prices fell this week relative to the prior week. Oil traded on March 26, 2020 at a price of US$26.81 per barrel relative to US$28.47 on March 19, 2020. Brent oil opened 2020 year at US$66.25 per barrel. Petrojam prices 87
March 26, 2020 Real gross domestic product (GDP) increased at an annual rate of 2.1% for the fourth quarter of 2019 according to the third estimate released by the Bureau of Economic Analysis (BEA). Similarly, for the third quarter of 2019, real GDP had a 2.1% growth. The upward movement in real GDP for the
March 26, 2020 Ladies and gentlemen, good morning. Bank of Jamaica today announces its decision to maintain its highly accommodative monetary policy stance by holding the policy rate unchanged at 0.50 per cent per annum. The policy rate is the rate offered to deposit taking institutions on overnight placements with Bank of Jamaica.
March 24, 2020 In 2019, state personal income rose 4.4% relative to a 5.6% increase in 2018 in the U.S. according to estimates released by Bureau of Economic Analysis (BEA). The BEA also noted, “The percent change in personal income across all states ranged from 6.1% in Colorado to 2.8 percent in West Virginia.” Meanwhile,
March 20, 2020 Unemployment rates trended downward for the month of January in 292 of the 389 metropolitan states compared to twelve months earlier. According to Bureau Labor Statistics (BLS), this was, “higher in 77 areas, and unchanged in 20 areas.” Jobless rates lower than 3% were recorded in 51 areas while 4 areas posted
March 19, 2020 Brent oil prices Brent oil prices decreased by 14.69% or US$4.88, as prices fell this week relative to the prior week. Oil traded on March 19, 2020 at a price of US$28.34 per barrel relative to US$33.22 on March 12, 2020. Brent oil opened 2020 year at US$66.25 per barrel. Petrojam prices
March 19, 2020 Seasonally adjusted production in the construction sector rose by 3.6% in the euro area (EA19) and increased by 3.9% in the EU27 for January 2020 compared with December 2019. According to Eurostat’s first estimates stated in December 2019, “production in construction fell by 1.8% in the euro area and by 1.7% in
Date: March 17, 2020 USA Economic Review -February 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,
