Quarterly Economic Update Q4 2013
In its Monthly Economic & Financial Developments, Novem-ber 2013 report, the Bahamas Central Bank observed that “expectations are that the domestic economy will continue to post positive growth in the near-term, as the tourism sector positions to benefit from the improving economic conditions in key source markets. The outlook is also for modest gains in foreign investment activity, providing for some broadening of employment opportunities.” However, they also caution that “headwinds persist, in the context of the still uncertain durability of the global recovery, intensified market competi-tion for the tourism sector, and the elevated unemployment rate.” QTR4_2013_Local_Economic_Report Click here for full International Market Review

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