December 07, 2020 The U.S. Bureau of Economic Analysis indicated that, “the goods and services deficit was $63.1 billion in October, up $1.0 billion from $62.1 billion in September, revised.” October exports amounted to $182.0 billion, which was more than September exports by $4.0 billion, whereas, October imports amounted to $245.1 billion which was $5.0 billion more than
December 04, 2020 Total nonfarm payroll employment climbed 245,000 in November, as the unemployment rate fell to 6.7%, according to a report by the U.S. Bureau of Labour Statistics (BLS). The improved performance was due to the continued resumption of economic activity that had been curtailed due to the coronavirus (COVID-19) pandemic and efforts to
December 2, 2020 Government Operations Results for October 2020 For the period of April to October 2020, the GOJ reported Total Revenues & Grants of $298.68 billion, $2.88 billion more than the Government’s projection. This represented a decrease of approximately 16.7% relative to the $358.76 billion recorded for the corresponding period in 2019. ‘Tax Revenue’,
November 27, 2020 The ongoing crisis of democracy and governance in the USA, the increasing COVID-19 cases in the USA and Canada, the tightening restrictions in the United Kingdom (UK) and the European Union (EU) are all of importance to the Caribbean as its economic recovery is linked to actions taken in these countries to
November 27, 2020 The Government of Jamaica has approved the US$25-million Modernisation of the Agriculture Sector Programme (MASP) to be included in the Public Sector Investment Programme. The initiative is a five-year project that will be completed by the ministry of agriculture and fisheries and financed by a US$25 million loan from the Inter-American Development
November 23, 2020 For the month of October, jobless rates were lower in 37 states, higher in 8 states, and unchanged in 5 states and the District of Columbia based on a report by the Bureau of Labour Statistics (BLS). Forty-seven states and the District experienced jobless rate increases from last year, and three states
November 20, 2020 USA Economic Review- October 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,
November 20, 2020 Monthly Economic Review - October 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
November 20, 2020 The Bank of Jamaica (BOJ) held its Quarterly Monetary Policy Press Conference on November 19, 2020. Where the Governor, Mr. Richard Byles, commented on the Bank’s decision to maintain the policy interest rate at 0.50% per annum. According to the Governor, “This decision to hold the policy rate is based on our
November 18, 2020 The PIOJ presented the preliminary estimates on economic performance for quarter the July to September 2020 quarter. The following were noted: Overview of Real Industry Developments For July to September 2020, real GDP fell by an estimated 11.3% relative to the corresponding quarter of 2019. The Goods Producing and Services Industries contracted
