Date: July 26, 2019 The Limner and Bards Limited (LAB), for the six months ended April 30, 2019, reported a 28% increase revenues to $334.48 million versus $260.64 million booked in 2018. Revenues for the quarter rose by 7% to $145.11 million (2018: $136.19 million). Cost of operating revenue rose by 30% for the period
Date: July 26, 2019 Wigton Windfarm Limited, for the year ended March 31, 2019, reported sales of $2.48 billion, a 4% increase on the $2.36 billion reported in the prior year. For the quarter, sales amounted to $494.04 million (2018: $447.80 million). Cost of sales went up 5% to close the year end at $740.16
Date: July 26, 2019 Real gross domestic product (GDP) grew for the second quarter of 2019 at an annual rate of 2.1%, based on the "advance" estimate released by the Bureau of Economic Analysis (BEA). The first quarter of 2019 real GDP yielded an increase of 3.1%. According to BEA, the first estimate, released today,
Date: July 26, 2019 The Producer Price Index for the Mining and Quarrying industry posted a decline by 0.5% for June 2019. The movement was a result of the major group, ‘Bauxite Mining & Alumina Processing’ which experienced a similar decline of 0.05% according to Statistical Institute of Jamaica (STATIN). The Manufacturing industry slid 1.5
Date: July 25, 2019 Jamaican Teas Limited (JAMT), for the nine months ended June 30, 2019, reported a decline in revenues to total $1.01 billion (2018: $1.34 billion). For the quarter, revenues amounted to $316.67 million compared to $438.61 million in the previous corresponding quarter. JAMT stated that, “the quarter shows a sharp fall in
Date: July 25, 2019 Real GDP in the first quarter of 2019 increased in all 50 states and the District of Columbia. According to the U.S. Bureau of Economic Analysis (BEA), “The percent change in real GDP in the first quarter ranged from 5.2 % in West Virginia to 1.2 % in Hawaii.” The
Date: July 24, 2019 Gross job gains from opening and expanding private-sector, from September 2018 to December 2018, amounted to an increase of 281,000 jobs from the previous quarter to 7.7 million according to the Bureau of Labour Statistics. It was also noted that gross job losses from closing and contracting private-sector establishments booked 6.9
Date: July 22, 2019 The leading contributors to the increase in U.S. economic growth in the first quarter of 2019 were Finance and insurance; retail trade; and health care and social assistance. According to The U.S. Bureau of Economic Analysis (BEA), “16 of 22 industry groups contributed to the overall 3.1 percent increase in real
Date: July 19, 2019 The Bureau of Labour Statistics reported today that, “unemployment rates were lower in June in 6 states and stable in 44 states and the District of Columbia.” Last year, there were three states with jobless rate decreases and the District had little or no change. Whereas, the national unemployment rate, 3.7%,
Date: July 18, 2019 Total employed labour force increased by 29,900, in April 2019 compared to April 2018, with the unemployment rate amounting to 7.8% as stated by the Statistical Institute of Jamaica (STATIN). Of the 29,900 increase in the labour force, employment of males rose by 18,200 primarily in ‘Construction’ and ‘Other Community, Social
