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05
Oct
2009
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
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
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
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
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
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
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
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
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
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...
02
Dec
2008
2008
MEFD October 2008
Domestic economic conditions continued to weaken during the month of October, as the negative effects of the turmoil in the global financial sector became more entrenched in real sector activity. Anecdotal evidence suggest a pronounced seasonal fallo...
06
Nov
2008
2008
MEFD September 2008
Global economic and financial conditions deteriorated rapidly during September, as the US financial crisis enveloped both developed and emerging markets. These developments have adversely affected the domestic economic outlook, with further softening...
01
Oct
2008
2008
MEFD August 2008
Initial data for August highlighted continued moderation in the economic momentum, reflecting a slowdown in the expansion of consumer demand, tempered construction activity and sustained weakness in the tourism sector. Buoyed by a contraction in priv...
09
Sep
2008
2008
MEFD July 2008
During the month of July,softness in consumer spending and construction investments continued to restrain economic output growth, amid an environment of increasing price pressures. Money and credit trends featured stable though buoyant liquidity cond...
13
Aug
2008
2008
MEFD June 2008
Preliminary indicators for the month of June suggest a mild pace of economic growth, amid relatively moderate levels of foreign investment led construction activity, stable consumer spending and weakened tourism activity. Over the first six months of...