Date: November 24, 2021 Real gross domestic product (GDP) rose at an annual rate of 2.1 percent in the third quarter of 2021 according to the "second" estimate released by the Bureau of Economic Analysis. In the second quarter, real GDP rose 6.7 percent. COVID-19 Impact on the Third-Quarter 2021 GDP Estimate The rise in
Date: November 23, 2021 The Government of Jamaica expects to create more jobs in the digital service sector with a view to create more than 70,000 Digital service jobs within the next 5 years, according to Audley Shaw (Minister of Industry, Investment and Commerce). Speaking at the recent Caribbean Future Summit 2021, Shaw said, Jamaica
November 19, 2021 Jamaican dollar liquidity tightened and market interest rates rose. However, inflation expectations remain elevated as such the MPC met and voted unanimously to further increase the policy rate by 50 basis points to 2 percent effective November 17, 2021. The Bank of Jamaica maintained other measures to contain JMD liquidity expansion. Additionally, the
Date: November 19, 2021 Unemployment rates dropped in October in 28 states and the District of Columbia and stable in 22 states, the U.S. Bureau of Labor Statistics reported today. Forty-five states and the district had jobless rate decreases from a year earlier and five states were little changed. The national unemployment rate, 4.6 percent,
November 18, 2021 In the decade preceding the pandemic, Jamaica, aided by the IMF financial support, made good progress in restoring macroeconomic and financial stability through hard-won fiscal discipline through a Fiscal Responsibility Law. Notably these reforms are continuous, and the improvements allowed Jamaica to implement a strong policy response when it was hit hard
November 18, 2021 USA Economic Review -October 2021 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,
Date: November 18, 2021 Import prices increased 1.2 percent in October, following a 0.4-percent gain in the previous month. The increase was led by higher prices for petroleum and non-fuel commodities. Prices for U.S. exports climbed 1.5 percent in October, after increasing 0.4 percent in September and 0.3 percent in August. Imports Import prices rose
November 15, 2021 Berger Paints Jamaica Limited (BRG) for the six months ended September 30, 2021, reported total Revenues of $1.96 billion, a 31% increase relative to $1.49 billion reported in for the comparable period in 2020. Total revenues for the quarter totalled $695.59 million, 21% more than the $574.37 million booked in 2020. Changes
November 12, 2021 United States: Biden Team Debates Whether to Act Fast on Oil Prices or Wait “The White House is debating whether to act immediately to try to lower U.S. energy prices or hold off on dramatic measures in the hope markets settle, as President Joe Biden’s concern about inflation runs up against climate,
November 11, 2021 Community & Workers of Jamaica Co-operative Credit Union Limited (CWJDEFERREDA) has advised of the resignation of Mr. Rickie Williams, Chief Accountant, effective November 15, 2021. 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
