2 01, 2018

Jamaican economy grows 0.8% for the third quarter of 2017

2018-01-02T19:27:38-05:00

For the third quarter ended September 30, 2017, Jamaica’s economy recorded a 0.8% growth when compared to last year. Based on information released by the Statistical Institute of Jamaica (STATIN), the total value added at constant prices for the Jamaican economy was $186,004 million. The  movement was attributed to improved performances in the Services industries

Jamaican economy grows 0.8% for the third quarter of 20172018-01-02T19:27:38-05:00
2 01, 2018

Featured Stock: NCBFG

2018-01-02T13:23:16-05:00

Please click below to view today’s Featured Stock. Weekly Picks 02.01.18 The information contained herein has been obtained from sources believed to be reliable, however its accuracy and completeness cannot be guaranteed. You are hereby notified that any disclosure, copying, distribution or taking any action in reliance on the contents of this information is strictly

Featured Stock: NCBFG2018-01-02T13:23:16-05:00
29 12, 2017

U.S. Net International Investment Position

2017-12-29T18:23:56-05:00

According to the bureau of economic analysis the “U.S. net international investment position increased to $7,768.7 billion (preliminary) at the end of the third quarter from $8,004.1 billion (revised) at the end of the second quarter. The $235.4 billion increase reflected net financial transactions of $87.4 billion and net other changes in position, such as

U.S. Net International Investment Position2017-12-29T18:23:56-05:00
27 12, 2017

BIL reports 2% reduction in year end net profit

2017-12-27T14:46:23-05:00

Barita Investments Limited (BIL) for the year ended September 30, 2017 booked a 10% decline in interest income fell by 10% during the twelve-month period, amounting to $1.13 billion relative to $1.26 billion for the comparable period in 2016. Interest expense also declined during the year by 6% to close at $847.44 million compared to

BIL reports 2% reduction in year end net profit2017-12-27T14:46:23-05:00
27 12, 2017

Featured Stock: JMMBGL

2017-12-27T12:53:10-05:00

Please click below to view today’s Featured Stock. Weekly Picks 27.12.17 The information contained herein has been obtained from sources believed to be reliable, however its accuracy and completeness cannot be guaranteed. You are hereby notified that any disclosure, copying, distribution or taking any action in reliance on the contents of this information is strictly

Featured Stock: JMMBGL2017-12-27T12:53:10-05:00
22 12, 2017

U.S. Personal Income and Outlays November 2017

2017-12-22T18:09:43-05:00

Personal income rose $54.0 billion (0.3%) in November according to estimates released today by the Bureau of Economic Analysis. Disposable personal income (DPI) climbed $50.9 billion (0.4%) and personal consumption expenditures (PCE) increased $87.1 billion (0.6). Real DPI increased 0.1 percent in November and Real PCE increased 0.4%. The PCE price index increased 0.2%. Excluding

U.S. Personal Income and Outlays November 20172017-12-22T18:09:43-05:00
21 12, 2017

Producer Price Index climbs 2% for October 2017

2017-12-21T15:40:16-05:00

the Producer Price Index for the Mining and Quarrying industry posted a growth of 2% for October 2017. The movement was as a result of the major group ‘Bauxite Mining Alumina Processing’ which experience a similar growth of 2% in its index according to the Statistical Institute of Jamaica (STATIN). STATIN also noted, “this was

Producer Price Index climbs 2% for October 20172017-12-21T15:40:16-05:00
20 12, 2017

Production in construction down by 0.4% in the euro area

2017-12-20T15:03:47-05:00

The seasonally adjusted production in the construction sector fell 0.4% in the euro area (EA19) for October 2017 relative to September 2017. First estimates from the Eurostat, the statistical office of the European Union reflect a 0.7% decline for the EU28 for October 2017. This follows a 0.1% increase in the euro area (EU19) for

Production in construction down by 0.4% in the euro area2017-12-20T15:03:47-05:00
19 12, 2017

House approves biggest tax overhaul in 30 years

2017-12-19T19:59:07-05:00

The Republican-controlled U.S. House of Representatives approved sweeping, debt-financed tax legislation on Tuesday, sending the bill to the Senate, where lawmakers were due to take up the package later in the evening. The biggest overhaul of the U.S. tax system in more than 30 years could be signed into law by President Donald Trump as

House approves biggest tax overhaul in 30 years2017-12-19T19:59:07-05:00