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4 03, 2021

IDB analysis highlights Bahamas’ weak public financial management system

2021-03-04T12:41:07-05:00

March 4, 2021 The Inter-American Development Bank (IDB) released an analysis that highlighted weaknesses in The Bahamas’ fiscal policies, governance, institutions, rules and processes, public financial management processes and public financial management. Pointing specifically to The Bahamas’ fiscal accounting practices, the IDB stated that information is lacking on extra-budgetary expenditure of funds and that tax

IDB analysis highlights Bahamas’ weak public financial management system2021-03-04T12:41:07-05:00
3 03, 2021

Government Operations Results for January 2021

2021-03-03T15:47:07-05:00

March 3, 2021 Government Operations Results for January 2021 For the period of April to January 2021, the GOJ reported Total Revenues & Grants of $446.27 billion, $2.90 billion more than the Government’s projection. This represented a decrease of approximately 14.1% relative to the $519.31 billion recorded for the corresponding period in 2020. ‘Tax Revenue’

Government Operations Results for January 20212021-03-03T15:47:07-05:00
3 03, 2021

Construction spending rose in January 2021

2021-03-03T15:03:17-05:00

March 03, 2021 Total Construction  During January 2021, construction spending rose at an estimated seasonally adjusted annual rate of 1.7% (±0.7%) to $1,521.5 billion, reported by US Census Bureau. This was above the revised December estimate of $ 1,496.5 billion. Moreover, this January figure is 5.8% (±1.0%) above the January 2020 estimate of $1,437.7 billion.

Construction spending rose in January 20212021-03-03T15:03:17-05:00
26 02, 2021

U.S. Personal Income increased $1,954.7 billion in January 2021

2021-02-26T14:01:20-05:00

February 26, 2021 In January, personal income rose $1,954.7 billion (10%) in the U.S, according to estimates released by the Bureau of Economic Analysis. Disposable personal income (DPI) rose $1,963.2 billion (11.4%) and personal consumption expenditures (PCE) climbed $340.9 billion (2.4%). Real DPI climbed 11.0% in January, and Real PCE rose 2.0% with goods increasing 5.1% and services

U.S. Personal Income increased $1,954.7 billion in January 20212021-02-26T14:01:20-05:00
25 02, 2021

USA Monthly Economic Review- January 2021

2021-03-05T10:18:34-05:00

February 25, 2021 USA Economic Review -January 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, is,

USA Monthly Economic Review- January 20212021-03-05T10:18:34-05:00
25 02, 2021

Review of Jamaica’s Economic Performance October – December 2020

2021-02-25T13:54:16-05:00

February 25, 2021 The PIOJ presented the preliminary estimates on economic performance for quarter the October to December 2020 quarter. The following were noted: Overview of Real Industry Developments  For October to December 2020, real GDP fell by an estimated 9.4% relative to the corresponding quarter of 2019. The Goods Producing and Services Industries contracted by

Review of Jamaica’s Economic Performance October – December 20202021-02-25T13:54:16-05:00
25 02, 2021

Monthly Economic Review – January 2021

2021-02-25T11:53:39-05:00

February 25, 2021 Monthly Economic Review - January 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

Monthly Economic Review – January 20212021-02-25T11:53:39-05:00
8 02, 2021

Net International Reserves- January 2021

2021-02-08T16:37:51-05:00

February 8, 2021 Jamaica’s Net International Reserves (NIR) totalled US$2,982.80 million as at January 2021, reflecting a decrease of US$147.99 million relative to the US$3,130.79 million reported at the end of December 2020 (see figure 1). This change in the NIR resulted from a US$147.64 million decrease in Foreign Assets which total US$3,938.11 million compared

Net International Reserves- January 20212021-02-08T16:37:51-05:00
4 02, 2021

U.S. unemployment claims decreased for the week ended January 30

2021-02-04T12:18:36-05:00

February 04, 2021 The seasonally adjusted initial claims, advance estimate, decreased by 33,000 to 779,000, for the week ending January 30, from the prior week’s revised level, according to the U.S. Department of Labour (DOL). The prior week’s level was revised from 847,000 to 812,000 down by 35,000. In comparison to the previous week’s average,

U.S. unemployment claims decreased for the week ended January 302021-02-04T12:18:36-05:00
2 02, 2021

Construction spending rose in December

2021-02-02T13:21:11-05:00

February 02, 2021 Total Construction  During December 2020, construction spending rose an estimated seasonally adjusted annual rate of 1% (± 0.8%) to $1,490.4 billion, reported by US Census Bureau. This was above the revised November estimate of $1,475.6 billion. Moreover, this December figure is 5.7% (±1.0%) above the December 2019 estimate of $1,410.3 billion. In

Construction spending rose in December2021-02-02T13:21:11-05:00