Advertisement

Marginal growth for local construction industry

Jamaica's construction sector registered marginal growth during the April to June quarter.

The Bank of  Jamaica says this reflected an expansion in residential construction, which slightly offset lower estimated expenditure on ongoing projects and other infrastructural developments.

Residential construction is estimated to have increased, although at a relatively slower pace when compared to the March 2016 quarter.

The growth in housing starts for the June 2016 quarter was strong when compared to the contraction recorded for the corresponding period last year.



comments powered by Disqus
Most Popular
Fiery protest in Spanish town following...
DPP's second tenure extension...