February 1, 2021 Government Operations Results for December 2020 For the period of April to December 2020, the GOJ reported Total Revenues & Grants of $398.26 billion, $378.2 million more than the Government’s projection. This represented a decrease of approximately 15.1% relative to the $469.16 billion recorded for the corresponding period in 2019. ‘Non-tax Revenue’
January 29, 2021 In December, personal income rose $116.6 billion (0.6%) in the U.S, according to estimates released by the Bureau of Economic Analysis. Disposable personal income (DPI) rose $111.6 billion (0.6%) and personal consumption expenditures (PCE) fell $27.9 billion (0.2%). Real DPI climbed 0.2% in December, and Real PCE fell 0.6%. The PCE price rose 0.4%. The
January 28, 2021 The seasonally adjusted initial claims, advance estimate, decreased by 67,000 to 847,000, for the week ending January 23, from the prior week’s revised level, according to the U.S. Department of Labour (DOL). The prior week’s level was revised from 900,000 to 914,000 up by 14,000. In comparison to the previous week’s average, the 4-week moving
January 27, 2021 The Federal Reserve is committed to using its full range of tools to support the U.S. economy in this challenging time, thereby promoting its maximum employment and price stability goals. Though the COVID-19 pandemic continues to cause tremendous hardship globally, economic activities and employment have moderated in recent months. The fall in
January 26, 2021 For the month of December, jobless rates were lower in 19 states, higher in 12 states, and unchanged in 19 states and the District of Columbia based on a report by the Bureau of Labour Statistics (BLS). Forty-five states and the District experienced jobless rate increases from last year, one state had
January 21, 2021 The seasonally adjusted initial claims, advance estimate, decreased by 26,000 to 900,000 for the week ending January 16, from the prior week’s revised level, according to the U.S. Department of Labour (DOL). The prior week’s level was revised from 965,000 to 926,000 down by 39,000. In comparison to the previous week’s average, the 4-week moving average was 848,000,
January 20, 2021 BOJ NEWS RELEASE: WHICH INFLATION RATE DOES BOJ TARGET? On Friday, 15 January 2021, the Statistical Institute of Jamaica (STATIN) published its bulletin for the Consumer Price Index for December 2020. In this report, it was noted that, for calendar year 2020, the inflation rate was 6.4 per cent. The same release by STATIN
January 20, 2021 USA Economic Review -December 2020 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,
January 14, 2021 The seasonally adjusted initial claims, advance estimate, increased by 181,000 to 965,000 for the week ending January 9, from the prior week’s revised level, according to the U.S. Department of Labour (DOL). The prior week’s level was revised from 787,000 to 784,000 down by 3,000. In comparison to the previous week’s average, the 4-week moving average was 834,250, a
January 13, 2021 The Consumer Price Index for All Urban Consumers (CPI-U) rose 0.4% for December 2020 after increasing 0.2% in November, on a seasonally adjusted basis according to U.S. Bureau of Labor Statistics (BLS). The all items index rose 1.4% before seasonal adjustment over the last year. BLS stated, “the seasonally adjusted increase in
