15 Mayo 2025, 00:00 - 14 Oct 2025, 07:49
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Latin American and Caribbean bond issuance in international markets amounted to US$ 121.8 billion in 2024, 36% higher than in 2023 and the strongest figure in three years. The average coupon rate, at 7.1%, was slightly above the 2023 level of 6.9%, indicating that financing costs remain elevated. Although the market was still open to high-yield issuers, investment grade bonds accounted for 57% of the region’s issuance.
In 2024, issuance of green, social, sustainability and sustainability-linked (GSSS) bonds on international markets climbed by 6% relative to 2023, to a total of US$ 33.1 billi…
20 Feb 2025, 00:00 - 14 Oct 2025, 07:49
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Latin America and the Caribbean is mired in a decades-long growth trap, and further hampered by global and regional conditions that limit the space for macroeconomic policies to spur economic growth in the region. The results of the Economic Survey of Latin America and the Caribbean, 2024 reveal weaker job creation, especially in the formal sector, with young people, women, older persons, migrants and rural dwellers among the most likely to be informal workers. In addition, an intensification of climate change effects will drastically reduce the number of jobs created in the medium term if mit…
4 Mayo 2021, 00:00 - 14 Oct 2025, 07:49
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The United States economy contracted by 3.5% in 2020 —the worst performance since the Second World War— but is currently expected to grow by an estimated 6.5% in 2021, the fastest pace in three decades. While there is optimism for the growth outlook this year and beyond, uncertainty and risks prevail.
The United States economic outlook: 2020 in review and early 2021 developments presents and analyses the developments in the United States economy in 2020 and early 2021, and examines how they could affect financial conditions in Latin America and the Caribbean. The report includes a gender focus…
These are the main highlights of the Capital Flows to Latin America, Third Quarter 2019 edition:
• International bond issuance from Latin America and the Caribbean (LAC) in the third quarter (Q3) of 2019 was US$ 39.3 billion. It was up 17% from the second quarter, and up 541% from the third quarter of 2018, and it was the highest third-quarter issuance since 2010.
• From January to October 2019, the region’s total bond issuance reached US$ 103 billion, 20% higher than in the same period in 2018.
• The three top issuers, sovereign and corporate issuance combined, accounted for 65% of the tota…
Highlights:
-In the third quarter of 2018, the U.S. economy grew at an annualized rate of 3.5% after rising 4.2% in the second quarter. Growth remained strong, but its composition deteriorated, as inventories accounted for almost two-thirds of the growth. Growth was led by consumer spending, which contributed 2.45% to growth, down from 2.6% in the second quarter, and inventories, which contributed 2.3%.
-U.S. employers added 2,268,000 jobs from January to November 2018, more jobs than in 2017.
Unemployment rate held steady at 3.7% at the end of November, the lowest level since 1969, while year…
1 Jun 2017, 00:00 - 14 Oct 2025, 07:49
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The importance of sound and accurate early estimates of economic activity is of utmost importance to national economic authorities at the time of the decision-making process, and to the various agents involved in the economic analysis and follow up of the short-term economic prospects. In this context, the availability of short-term forecasts for quarterly GDP growth rates becomes highly relevant. In Latin America and the Caribbean an increasing amount of countries is producing high frequency economic data, and there has been an increasing interest by national authorities to use this data to i…
1 Mayo 2017, 00:00 - 14 Oct 2025, 07:49
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The Preliminary Overview of the Economies of the Caribbean analyzes in its 2016-2017 edition the economic performance of the region throughout 2016, the international context and macroeconomic policies implemented by countries, while also providing an outlook for 2017. The Caribbean recorded economic growth of only 0.8 per cent in 2016 but growth is expected to rebound to 2.4 per cent in 2017. The poor performance observed in 2016 was primarily due to a 3.7 percent contraction in the goods producing economies, which were hard hit by the decline in commodity prices in general and hydrocarbons i…
6 Ene 2025, 00:00 - 14 Oct 2025, 07:50
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The United States economy expanded at an annualized rate of 3.1% in the third quarter of 2024, above the economy’s long-term growth potential and the 3.0% growth recorded in the second quarter, driven primarily by consumer spending. The resilience of consumer spending has been supported by receding inflation and a robust labour market. Employment has increased for 47 consecutive months, but the labour market is softening. Progress in bringing down inflation has stalled over the past three months, with inflation rising from 2.4% in September 2024 to 2.7% in November. The Federal Reserve cut int…
14 Oct 2024, 00:00 - 14 Oct 2025, 07:50
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The United States economy expanded at an annualized rate of 3.0% in the second quarter of 2024 —more than double the 1.4% GDP growth recorded in the first quarter and well above the economy’s long-term growth potential—, driven primarily by consumer spending. The resilience of consumer spending has been supported by receding inflation and a robust labour market. Inflation slowed to 2.5% in August 2024, the lowest level in more than three years. Employment has increased for 44 consecutive months, but the labour market is softening. The Federal Reserve announced an interest rate cut of 0.50% in …
23 Nov 2022, 00:00 - 14 Oct 2025, 07:50
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The United States has witnessed historic inflation since the economy began to reopen in 2021 following the lockdowns triggered by the coronavirus disease (COVID-19) pandemic. The United States economic outlook: inflation trends post COVID-19 looks at the forces behind this surge in prices and the trade-offs and risks for the policy response. The report examines inflation trends and drivers, as well as labour market trends since the economy reopened; economic policies implemented by the United States in response to the pandemic, and more recently to inflation; and the possible impact of these p…
21 Mayo 2020, 00:00 - 14 Oct 2025, 07:49
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Highlights
• In the first quarter of 2020, the spread of the coronavirus, together with a precipitous decline in commodity prices, radically changed the financial landscape for Latin American and Caribbean (LAC) issuers. After a record breaking issuance of US$ 38 billion worth of bonds in January, bond issuance dried-up in February and March, bringing total quarterly issuance to US$ 45 billion.
• On March 26, however, Panama successfully placed a sovereign bond in cross-border markets to secure additional resources to combat the COVID-19 pandemic. It was followed in April by other four soverei…
Highlights
• In the third quarter of 2019, the U.S. economy grew at a 2.1% annualized rate. Growth was driven by consumer and government spending, and a buildup in inventories.
• The third quarter of 2019 was the 41st consecutive quarter of growth and November the 125th month of consecutive growth for the U.S. economy. The current expansion is the longest on record.
• The Federal Open Market Committee (FOMC) cut the federal funds rate three times this year, in July, September and October, due to slowing global growth and trade uncertainty, contributing to diminish recession fears. Federal Rese…
The total amount of debt issued by LAC borrowers from January to November 2017 reached US$ 138 billion, the highest annual amount ever issued in the region. Investors’ enthusiasm for LAC assets was supported by synchronized growth at the global level, still low interest rates across de globe (with only a very gradual tightening in the United States), weakness in the U.S. dollar, and an improvement in the region’s own economic conditions. On the sovereign side, seventeen countries tapped international bond markets this year, with Argentina topping the list with 28% of the total sovereign issuan…
In the first quarter of 2017, the U.S. economy grew at an annualized rate of 1.4%. Fixed investment was the main driver of growth, while inventories were a large drag. Consumer spending slowed significantly from its pace in previous quarters, but still accounted for about half of GDP growth in the first quarter.
· U.S. employers added a seasonally adjusted 1,079,000 jobs during the first six months of 2017, the weakest first-half performance since 2010, according to data the Labor Department.
· Productivity was flat in the first three months of the year. Slumping productivity gains have led to…
• The incoming U.S. administration will be inheriting a healthy economy. The job market is posting solid gains, home sales and house prices have largely recovered from the bust, and the stock market continues to hit new highs. The current expansion has passed seven years, making it the third longest ever.
• The U.S. economy has added private sector jobs for 80 months and in November added another 178,000 jobs, with the unemployment rate falling to 4.6%, its lowest level since 2007. Since its post-crisis nadir in early 2010 the economy has created 15.6 million jobs.
• Wage growth is running ahe…
1 Nov 2013, 00:00 - 14 Oct 2025, 07:47
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This survey posits that improving global prospects especially in the United States and Europe will mean opportunities for positive growth in the Caribbean due to increasing exports and renewed inflows from foregin direct investment and remittances. It points out that the response of the Caribbean economies to the global crisis has been asymmetric with the goods1 producing economies doing better than the service producing economies with respect to growth and their public finances. On the latter issue the region faces severe challenges as debt to GDP ratios in some countries are in excess of 100…
1 Nov 2009, 00:00 - 14 Oct 2025, 07:45
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Over the last 35 years the United Nations Economic Commission for Latin America and the Caribbean (ECLAC) has assessed major disasters in the Latin American region. Based on those exercises, which that have been conducted in a systematic manner using an evolving but comparable methodology over the years1, there is now historical evidence of the economic consequences these events have on the region's economies. This evidence-based approach sheds light on the link between economic performance, development dynamics and how disasters, as external shocks, generate lingering…
18 Mar 2024, 00:00 - 14 Oct 2025, 07:47
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This overview examines the economic performance of economies of the Caribbean in 2022 and comprises four chapters. The first chapter provides a comparative analysis across Caribbean economies of the main macroeconomic variables, namely GDP growth, monetary indicators, as well as fiscal and external accounts. The second chapter concludes, while the annex includes individual country briefs that give an overview of the economic situation for the Bahamas, Barbados, Belize, Guyana, Jamaica, Suriname, Trinidad and Tobago, and a subregional assessment of the countries of the Eastern Caribbean Currenc…
17 Ene 2023, 00:00 - 14 Oct 2025, 07:50
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This overview examines the economic performance of economies of the Caribbean in 2021 and comprises four chapters. The first chapter provides a comparative analysis across Caribbean economies of the main macroeconomic variables, namely GDP growth, monetary indicators, as well as fiscal and external accounts. The second chapter concludes, while the annex includes individual country briefs that give an overview of the economic situation for the Bahamas, Barbados, Belize, Guyana, Jamaica, Suriname, Trinidad and Tobago, and a subregional assessment of the countries of the Eastern Caribbean Currenc…
13 Mayo 2022, 00:00 - 14 Oct 2025, 07:50
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This overview examines the economic performance of economies of the Caribbean in 2020 and comprises four chapters. The first chapter provides a comparative analysis across Caribbean economies of the main macroeconomic variables, namely GDP growth, monetary indicators, as well as fiscal and external accounts. The second chapter looks at areas of focus in the Caribbean. The third chapter concludes, while the annex includes individual country briefs that give an overview of the economic situation for the Bahamas, Barbados, Belize, Guyana, Jamaica, Suriname and a subregional assessment of the coun…