December 24, 2019 Third quarter real gross domestic product (GDP) increased at an annual rate of 2.1% for the third quarter of 2019. For the second quarter of 2019, real GDP had a 2.0% growth according to the third estimate released by the Bureau of Economic Analysis. The upward movement in real GDP for the
Date: December 23, 2019 Seven states posted lower unemployment rates in November, while five recorded higher rates for the same month. Unemployment rates remained stable in thirty-eight states and the District of Columbia based on a report by the Bureau of Labour Statistics (BLS). Last year, there were seven states with jobless rate decreases, two
December 20, 2019 Bank of Jamaica Holds Policy Rate Bank of Jamaica announces its decision to hold the policy interest rate (the rate offered on overnight balances at Bank of Jamaica) unchanged at 0.50 per cent per annum, effective 23 December 2019. The decision to hold the policy rate unchanged is based on the Bank’s
Date: December 19, 2019 The U.S. current account deficit in the third quarter of 2019, decreased by $1.1 billion, or 0.9%, to $124.1 billion from the revised second quarter deficit of $125.2 billion. This reflects the combined balances on trade in goods and services and income flows between U.S. residents and residents of other countries.
Date: December 18, 2019 In the third quarter 2019, state personal income rose 3.8% at an annual rate relative to a 4.4% increase in the second quarter according to estimates released by Bureau of Economic Analysis (BEA). The BEA also noted, “The percent change in personal income across all states ranged from 15.2% in South
Date: December 16, 2019 Indies Pharma Jamaica Limited (INDIES), reported revenues for the twelve months ended October 31, 2019 of $725.90 million, an increase of 14% when compared with the $636.17 million booked last year. Revenues for the fourth quarter decreased 20% to $150.09 million (2018: $186.90 million). Cost of sales amounted to a total
December 13, 2019 Click the link below to view advisory. Appointment of Directors - Mayberry Investments Ltd. 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
December 13, 2019 November’s import prices rose 0.2%, according to the U.S. Bureau of Labor Statistics after declining 0.5% the previous month. This advance was mostly attributable to the higher prices in fuel imports which more than offset the decline in nonfuel goods. Nonetheless, export prices rose 0.2% in November relative to a 0.1% decrease
Date: December 4, 2019 Please click link below to view final basis of allotment for Lumber Depot Initial Public Offering Lumber Depot - Final Basis of Allotment
November 29, 2019 Jamaican Teas Limited (JAMT) reported a 27% decrease in revenues to total $1.29 billion (2018: $1.77 billion). For the quarter, revenues amounted to $284.87 million (2018: $422.12 million). JAMT highlighted that, “JTL’s fourth quarter revenues from manufacturing operations increased almost 4 percent for the quarter from $272.8 million to $282.5 million due
