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  • growth in June quarter

    Hotels, mining and quarrying contribute lion’s share to growth in June quarter

    The Jamaican economy expanded by one per cent in the quarter to June this year, driven mainly by a 5.6 per cent increase in the hotels and restaurants sector, and a 4.5 per cent increase in mining and quarrying.

    The outturn for the quarter largely reflected increased capacity utilisation at some industrial plants such as the Petrojam refinery and increased external demand, which drove output in some export industries such as hotels and restaurants, according to Planning Institute of Jamaica (PIOJ) Director General, Dr Wayne Henry.

    http://jamaica-gleaner.com/article/b...h-june-quarter
    Hey .. look at the bright side .... at least you're not a Liverpool fan! - Lazie 2/24/10 Paul Marin -19 is one thing, 20 is a whole other matter. It gets even worse if they win the UCL. *groan*. 05/18/2011.MU fans naah cough, but all a unuh a vomit?-Lazie 1/11/2015

  • #2
    With the closure of one of the plants owned by the Chinese, there is the concern that the economy is going to take a serious hit.
    "Jamaica's future reflects its past, having attained only one per cent annual growth over 30 years whilst neighbours have grown at five per cent." (Article)

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