March 25, 2022 According to the U.S. Bureau of Labor Statistics, unemployment rates fell in 31 states and the District of Columbia in February and were unchanged in 19 states. Fifty states and the District had lower unemployment rates than a year ago. The national unemployment rate, 3.8%, fell by 0.2 percentage point in a
United States: U.S. Restores Waivers for Some Chinese Goods Hit by Tariffs “The Biden administration plans to reinstate exemptions from Trump-era tariffs on about two-thirds of Chinese products that were previously granted waivers, most of which expired by the end of 2020. The U.S. Trade Representative’s office is reinstating the exclusions for 352 items, it
March 24, 2022 Guardian Holding Limited (GHL), for the year ended December 31, 2021, reported Insurance premium income of TT$7.01 billion, 9% higher than the TT$6.45 billion reported for 2020. As a result, Insurance premium ceded to reinsurers increased by 11% to TT$2.34 billion from TT$2.10 billion for the year ended December 31, 2020. Underwriting expenses amounted to TT$4.08
March 24, 2022 Speaking at the Caribbean Investment Forum, March 22, 2022, His Excellency Dr Irfaan Ali said that the Caribbean region is a stable platform with all of the components for a modern and emerging economy. President Ali highlighted the region’s economic potential and spoke extensively about opportunities in environmental services, the blue economy,
United States: U.S. Capital Goods Orders Decline for First Time in a Year “Orders placed with U.S. factories for business equipment unexpectedly declined in February for the first time in a year, likely representing a pause in capital spending after a sharp rise a month earlier. The value of core capital goods orders, a proxy
USA Economic Review -February 2022 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, or
United States: BA.2 Variant Takes Hold in U.S. as New York Cases Start to Climb “More than a third of last week’s U.S. Covid-19 cases were caused by the omicron BA.2 subvariant, a notable increase from a week earlier when the strain was estimated to account for just under one in four cases, according to
United States: Bullard Says ‘Faster Is Better’ for Fed in Rate-Hike Strategy “Federal Reserve Bank of St. Louis President James Bullard said U.S. monetary policy needs to be tightened quickly to stop putting upward pressure on inflation that is already too high, reiterating his call for interest rates to rise above 3% this year. “The
March 22, 2022 According to the statistical office of the European Union (Eurostat), euro area hourly labour cost increased by 1.9% during the fourth quarter of 2021, while EU hourly labour cost increased by 2.3% when compared to the same quarter of the previous year. The two main components used to determine labour costs are
According to the statistical office of the European Union (Eurostat), in February 2022, the euro area annual inflation rate was 5.9%, up from 5.1%% reported in January 2022. However, a year earlier, in February 2021, the rate was 0.9%. Additionally, in the European Union annual inflation was reported at 6.2%, 0.6% greater than the January
