The Jamaican economy recorded growth of 1.3 per cent for the October–December quarter of 2016. This represents eight consecutive quarters of economic growth and reflected higher value added from both the Goods Producing and Services Industries. The Goods-Producing Industry grew by 3.0 per cent, while the Services Industry was up by 0.8 per cent. For the calendar year, real GDP is projected to have grown by 1.4 per cent, and represented the 4th consecutive year of stronger economic growth. Director General, Planning Institute of Jamaica, Dr Wayne Henry, revealed the results this morning, Wednesday, February 22, 2017, at the Institute’s quarterly press briefing. The October–December performance was driven by the Agriculture, Forestry & Fishing; Hotels and Restaurants
PRESS RELEASE THE PLANNING INSTITUTE OF JAMAICA Feb 2017 edit
