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assessment of the socio-economic and environmental impact

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Table 6.3). Growth was recorded for all Goods producing sectors. However, in <strong>the</strong> Services<br />

sector lower levels <strong>of</strong> activities were estimated for <strong>the</strong> Miscellaneous Services Sectors. The<br />

sectors which had <strong>the</strong> largest <strong>impact</strong> on <strong>the</strong> economy were <strong>the</strong> Construction & Installation,<br />

Transport Storage & Communication, Electricity & Water <strong>and</strong> Finance & Insurance sectors. The<br />

improved performance in <strong>the</strong> economy was influenced by: (i) increased alumina, bauxite <strong>and</strong><br />

agricultural exports; (ii) normalization <strong>of</strong> activities in <strong>the</strong> Construction & Installation sector<br />

compared with <strong>the</strong> corresponding six months <strong>of</strong> 2006 when <strong>the</strong> sector was affected by a severe<br />

cement shortage; <strong>and</strong> (iii) increased electricity generation.<br />

Table 6.3: Change in GDP<br />

YEAR ON YEAR CHANGE IN GROSS DOMESTIC PRODUCT IN<br />

PRODUCERS' VALUES, AT CONSTANT 1996 PRICES (PER CENT)<br />

Jan-Mar<br />

2007<br />

Apr –Jun<br />

2007<br />

Jan-Jun<br />

2007<br />

Estimates<br />

GOODS PRODUCING SECTORS 1.4 1.8 1.6<br />

Agriculture, Forestry & Fishing 1.7 3.0 2.3<br />

Mining & Quarrying 0.8 -0.7 0.0<br />

Manufacturing -0.9 1.2 0.2<br />

<strong>of</strong> which: Food, Beverages & Tobacco -1.6 1.4 -0.1<br />

O<strong>the</strong>r Manufacturing 0.1 1.0 0.5<br />

Construction & Installation 4.5 3.6 4.1<br />

SERVICES SECTORS 2.5 1.7 2.1<br />

Electricity & Water 4.5 3.9 4.2<br />

Transport, Storage & Communication 3.8 2.2 3.0<br />

Distributive Trade 2.8 2.8 2.8<br />

Finance & Insurance Services 4.1 3.0 3.6<br />

Real Estate & Business Services 2.5 2.5 2.5<br />

Producers <strong>of</strong> Government Services 0.7 0.7 0.7<br />

Miscellaneous Services (incl. Household & -0.3 -2.3 -1.3<br />

Private Non-Pr<strong>of</strong>it Institutions)<br />

<strong>of</strong> which: Hotels, Restaurants & Clubs -1.1 -3.5 -2.3<br />

Less Imputed Bank Service Charge 8.5 1.5 5.0<br />

TOTAL GDP AT CONSTANT PRICES 1.7 1.8 1.8<br />

Source: Statistical Institute <strong>of</strong> Jamaica <strong>and</strong> Planning Institute <strong>of</strong> Jamaica<br />

74

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