19 Quarters of Economic Growth, as Economy moves under Labour

LBC NEWS
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Jamaica has now experienced 19 consecutive quarters of economic growth. This is after the modest growth in the 3rd Quarter of 2019 over the 3rd Quarter of 2018, despite the significant external economic shock, from US/China trade tensions, that led to the closure of JISCO/Alpart plant.

Nineteen consecutive quarters of economic growth is more than double the previous longest stretch of continuous quarterly economic growth since Jamaica started measuring growth quarterly in 1997.

Finance Minister Dr. Nigel Clarke.

The previous longest period of consecutive quarterly economic growth was only 9 quarters between the Second Quarter in 2002 and the 3rd Quarter in 2004 and again between the 3rd Quarter in 2005 and 3rd Quarter in 2007.

Staff Reporter

News@lbcnewsjm.com

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