December 29, 2020 The Bureau of Economic Analysis noted that the U.S. net international investment position totaled -$13.95 trillion at the end of the third quarter of 2020. Moreover, assets amounted to $29.41 trillion whilst liabilities amounted to $43.36 trillion. The net investment position amounted to -$13.08 trillion at the end of the second quarter. United States assets had
December 24, 2020 The seasonally adjusted initial claims, advance estimate, decreased by 89,000 to 803,000 for the week ending December 19, from the prior week’s revised level, according to the U.S. Department of Labour (DOL). The prior week’s level was revised from 885,000 to 892,000 up by 7,000. In comparison to the previous week’s average,
December 23, 2020 In November, personal income fell $221.8 billion (1.1%) in the U.S, according to estimates released by the Bureau of Economic Analysis. Disposable personal income (DPI) declined $218.0 billion (1.2%) and personal consumption expenditures (PCE) fell $63.3 billion (0.4%). Real DPI decline 1.3% in November, and Real PCE fell 0.4%. The PCE price
December 22, 2020 Monthly Economic Review - November 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
December 21, 2020 USA Economic Review -November 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,
December 18, 2020 BANK OF JAMAICA HOLDS POLICY RATE Bank of Jamaica (BOJ) announces its decision to hold the policy interest rate (the rate offered to deposit-taking institutions on overnight placements with BOJ) unchanged at 0.50 per cent per annum. Bank of Jamaica has kept the policy rate at this historic low of 0.50 per
December 16, 2020 On December 16, 2020, the Federal Reserve reiterated its commitment 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 novel Corona virus continues to cause tremendous hardship across the United States and around the
December 11, 2020 Jamaica’s Net International Reserves (NIR) totalled US$2,962.76 million as at November 2020, reflecting an increase of US$69.46 million relative to the US$2,893.31 million reported at the end of October 2020 (see figure 1). This change in the NIR resulted from a US$72.70 million increase in Foreign Assets which total US$3,932.33 million compared
December 10, 2020 The seasonally adjusted initial claims, advance estimate, increased by 137,000 to 853,000 for the week ending December 5, from the prior week’s revised level, according to the U.S. Department of Labour (DOL). The prior week’s level was revised from 712,000 to 716,000 up by 4,000. In comparison to the previous week’s average, the 4-week moving average
December 8, 2020 Nonfarm Business Sector Nonfarm business sector labour productivity inched up 4.6% in the third quarter of 2020 as output rose 43.4% and hours worked climbed 37.1%. Bureau of Labour Statistics noted that, “the 4.6-percent gain in productivity in the third quarter follows an increase of 10.6% during the second quarter. Over the
