Tropical Storm Nicole - Planning Institute of Jamaica
Tropical Storm Nicole - Planning Institute of Jamaica
Tropical Storm Nicole - Planning Institute of Jamaica
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State <strong>of</strong> Emergency in sections <strong>of</strong> Kingston and St. Catherine during the months <strong>of</strong> May and June<br />
2010. Consequently, the industry declined by 2.1 per cent in January-June 2010, reflecting the<br />
combined effect <strong>of</strong> a 2.5 per cent decline in Food, Beverages & Tobacco sub industry and 1.6 per<br />
cent in the Other Manufacture.<br />
Real value added for the Mining & Quarrying industry declined by 24.5 per cent in January-June<br />
2010 relative to the similar period <strong>of</strong> 2009, resulting from a downturn in alumina production as<br />
crude bauxite production grew.<br />
For January–June 2010, real value added for the Construction industry fell by an estimated 2.1 per<br />
cent. This performance occurred against the background <strong>of</strong> the lingering effects <strong>of</strong> the negative<br />
impact <strong>of</strong> the global economic crisis on the domestic economy. The downturn recorded for the<br />
industry was attributed mainly to the decline in activities in Building Construction due to a reduction<br />
in the number <strong>of</strong> projects. Activities in the industry were further stymied given the completion <strong>of</strong><br />
major construction work on the North Coast Highway Project at the end <strong>of</strong> 2009 and work<br />
stoppage on Highway 2000 due to geological issues.<br />
Within the Services industry, declines in the Electricity and Water sub industry in January-June<br />
stemmed from declines in both electricity generation and water production. Real value added for<br />
Transport, Storage & Communication declined by an estimated 1.0 per cent. This performance was<br />
influenced mainly by contraction in the Transport & Storage segment due largely to a decline in air<br />
transport activities, which was enough to outweigh the estimated expansion in telecommunications<br />
activities.<br />
Despite signs <strong>of</strong> recovery in the global distributive trade, following the negative impact <strong>of</strong> the<br />
contraction in global demand arising from the economic crises, the local trade continued to contract<br />
as reflected by the 2.1 per cent decline in real value added in the January-June 2010 relative to<br />
January-June 2009. Local distributive activities during the January-June 2010 period were<br />
constrained by the downturn in the domestic economy resulting from the lagged effects <strong>of</strong> the<br />
global economic crises.<br />
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