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Monthly Economic and Financial Development Report

02 Dec
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

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

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

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

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...

07 Jul
2008

MEFD May 2008

During May, domestic economic conditions remained mild, amid comparatively lower levels of construction activity, relatively steadied gains in private sector credit and persistent upward pressure in consumer prices. Given slackened real sector activi...

13 Jun
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...

12 Jun
2008

MEFD April 2008

Initial data for the month of April indicated continued moderation in output growth, amid weakened construction activity and softness in consumer spending, although first quarter tourism indicators registered gains over the previous year.

02 May
2008

MEFD March 2008

Preliminary indicators for the month of March suggested a continuation of a mild economic outturn, supported by relatively stable growth in consumer spending and net tourism inflows; and, as anticipated, with less contribution from foreign investment...

18 Apr
2008

MEFD February 2008

Preliminary data for the month of February highlighted steady gains in consumer spending, which continued to support economic activity and together with elevated import payments for fuel, tempered growth of both external reserves and liquidity.

11 Mar
2008

MEFD January 2008

Based on preliminary data for the first month of 2008, economic activity continued to be supported by a healthy level of private sector demand, although other real sector indicators suggest some levelling off in net foreign currency inflows. As a con...

14 Feb
2008

MEFD December 2007

Initial data for the month of December suggest a slowing in the pace of economic activity, as signs of weakness in the tourism and construction sectors offset growth in consumer demand. Monetary developments featured an expansion in external reserves...

31 Dec
2007

MEFD November 2007

Partial indications suggest a moderate rate of economic expansion during the month of November, amid signs of an improving tourism outturn and stable construction activity. In the monetary sector, liquidity levels were comparatively more buoyant, whe...

06 Dec
2007

MEFD October 2007

Preliminary data for October suggests that the Bahamian economy continued on a positive growth path, despite moderated contributions from foreign investment and tourism. Monetary developments featured seasonal increases in demand for foreign currency...

14 Nov
2007

MEFD September 2007

Indications are that the expansion in the Bahamian economy moderated somewhat during September, amid a leveling off in foreign investment inflow and tourism activity. Strengthened seasonal demand for foreign currency also contributed to a fall-off in...