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Monthly Economic and Financial Development Report

08 Mar
2010

MEFD January 2010

In January, domestic economic activity continued to be adversely impacted by still fragile conditions in the global economy, although a more positive picture is emerging. Anaemic private sector demand, constrained prospects for any near-term improvem...

10 Feb
2010

MEFD December 2009

Amid signs of a nascent recovery underway in the global economy, key industry trends suggest some stabilizing in tourism output during December; however the softness in construction activity persisted and consumer demand tapered from its traditional...

23 Dec
2009

MEFD November 2009

Although recent indicators point to a modest acceleration in the recovery of global output, preliminary data suggests that domestic economic activity remained weak during November, given the downturn in tourism performance, persistent sluggishness in...

03 Dec
2009

MEFD October 2009

Despite signs of a modest pickup in the pace of the global recovery, domestic economic conditions remained relatively subdued during October, reflecting anemic consumer spending and sustained weakness in tourism output and foreign investment led cons...

06 Nov
2009

MEFD September 2009

Although the global economy showed sustained signs of "bottoming out" during the review month, domestic economic conditions continued to be negatively impacted by the worsening of key economic indicators in several major markets.

05 Oct
2009

MEFD August 2009

Despite a short-term boost to the tourism sector, provided by the hosting of an international event during the review month, indications are that the effects of the worldwide economic recession continued to subdue domestic economic activity. Price de...

04 Sep
2009

MEFD July 2009

Domestic economic conditions remained challenging over the review month, amid sustained softening in key global consumer demand indicators. The consequential weakness in the local tourism sector, combined with recessed levels of foreign investment-re...

07 Aug
2009

MEFD June 2009

Despite modest signs that the global economic recession had started to stabilize during the review month, weakness in the major countries continued to feed through to the domestic economy. Consequently, activity in the tourism sector remained anaemic...

02 Jul
2009

MEFD: May 2009

During the month of May, the global recession continued to negatively affect domestic economic developments. Available data on tourism activity revealed sustained weakness in the sector, owing to depressed demand conditions in the major markets; whil...

02 Jun
2009

MEFD: April 2009

During the month of April, the domestic economy continued to be adversely affected by the global economic recession. In particular, lower occupancy levels and declining hotel room rates constrained output in the tourism sector, while reduced foreign...

04 May
2009

MEFD: March 2009

Preliminary data revealed that the global economic recession continued to adversely affect domestic economic activity during March, with persistent weakness in tourism and foreign investment-related construction activity. Demand stimulus from private...

01 Apr
2009

MEFD February 2009

The fallout from the global financial crisis continued to impact the Bahamian economy during the review month, contributing to persistent weakness in tourism and foreign investments. Meanwhile, inflation remained at elevated levels during the review...

03 Mar
2009

MEFD January 2009

Initial data suggests that domestic economic activity remained weak during January, owing to the deepening effects of the global economic and financial crisis. The continued slowdown in tourism resulted in further job losses in the hotel industry, wh...

02 Feb
2009

MEFD December 2008

During December, domestic economic developments continued to be adversely affected by the slump in global economic activity. Additional layoffs in the hotel sector pointed to significantly reduced seasonal activity and weakness in the short-tem outlo...

02 Jan
2009

MEFD November 2008

Indications are that domestic economic activity continued to weaken during November, amid the deepening effects of the global economic meltdown. The outlook for tourism remained weak, hampered by uncertainty in US households' finances; and the foreig...