Date: October 09, 2018 The U.S. Bureau of Economic Analysis indicated that, “State personal consumption expenditures (PCE) increased on average 4.3 percent in 2017, an acceleration from the 3.8 percent increase in 2016.” In addition, the PCE percentage change across all states ranged from 6.9 percent in Idaho to 2 percent in North Dakota. Expenditure
October 08, 2018 Goods and Services Trade Deficit The U.S. Bureau of Economic Analysis indicated that, “The goods and services deficit was $53.2 billion in August, up $3.2 billion from $50 billion in July.” August exports ($209.4 billion), was less than exports in July by $1.7 billion, whereas $262.7 billion was recorded for imports in
October 05, 2018 The Bureau of Labor Statistics reported that, “Total nonfarm payroll employment increased by 134,000 in July, and the unemployment rate fell to 3.7%. Job growth occurred in professional and business services, in health care and in transportation and warehousing.” Household Survey Data According to available seasonally adjusted data, in September, there was
Brent Oil Brent oil prices increased by 4.94% or US$4, as prices rose this week. Oil traded on October 04, 2018 at a price of US$85.03 per barrel relative to US$81.03 last week. Brent oil began the year at US$68.07 per barrel. Petrojam prices 87 Octane prices increased week over week, by 0.81% (JMD$1.14). Additionally,
Brent Oil Brent oil prices increased by 2.50% or US$1.98, as prices rose this week. Oil traded on September 27, 2018 at a price of US$81.03 per barrel relative to US$79.05 last week. Brent oil began the year at US$68.07 per barrel. Petrojam prices 87 Octane prices increased week over week, by 1.78% (JMD$2.47). Additionally,
Brent Oil Brent oil prices increased by 1.11% or US$0.87, as prices rose this week. Oil traded on September 20, 2018 at a price of US$79.05 per barrel relative to US$78.18 last week. Brent oil began the year at US$68.07 per barrel. Petrojam prices 87 Octane prices increased week over week, by 0.43% (JMD$0.59). Additionally,
Date: September 18, 2018 Consumer Price Index - August 2018 The consumer price index for the month of August 2018 increased 0.9%, following the 1.0% increase in July 2018, according to The Statistical Institute of Jamaica (STATIN). The Consumer Price Index for the month of August advanced to 252.8, relative to the 250.4 reported for
Date: September 18, 2018 Productive Business Solutions Limited (PBS) held its 1st Annual General Meeting today hosted by Chairman, Mr. P.B. Scott. Following an overview of the Company, Mr. Pedro Paris, Chief Executive Officer (CEO), highlighted that PBS Jamaica, formerly Xerox Jamaica Limited, has been the local Xerox Authorized Partner and has offered world class technology
Date: September 14, 2018 According to Eurostat, the statistical office of the European Union, “Hourly labour costs rose by 2.2% in the Euro Area (EA19) and by 2.9% in the EU28 in the second quarter compared with the same quarter of the previous year. In the first quarter of 201, hourly labour costs increased by
Date: September 13, 2018 According to Eurostat, the statistical office of the European Union, “Seasonally adjusted GDP rose by 0.4% in both the Euro Area (EA19) and EU28 during the second quarter of 2018, compared with the previous quarter.” In addition, in the first quarter of 2018, GDP has also grown by 0.4% in both
