Economic forecasts have become outdated in a matter of two months. The modification of the scenario has been so abrupt that international organizations and specialized entities only now begin to modify their forecasts. All forecasts should be taken with caution, because the uncertainty is very high.
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The latest economic data indicates that travel in the U.S. has a long way to come back from the coronavirus crisis: weekly travel spending in the U.S. has fallen 85 percent from the same point a year ago.
A new report by the Economic Commission for Latin America and the Caribbean (ECLAC) from the United Nations indicates that the Commonwealth of Dominica was the fastest growing economy in the entire Latin America and the Caribbean region in 2019. The island’s GDP is said to have jumped up by ...
Prime Minister Allen Chastanet is predicting continued economic growth for St. Lucia this year after indicating that the island had recorded growth of 2.5 per cent in 2017.
Tourism remains the most vital source of earnings and economic activity for the majority of Caribbean islands, with region-wide revenues estimated at more than $27 billion.
The tourism industry in the United States is preparing for an estimated $1.6 billion hit as Mexican tourists choose Canada over the United States, according to a Forber report.