Expert Consultants in International Trade Economics.
ABOUT US
Offering best-in-the-industry economics and trade consulting services since 1992.
Capital Trade, Incorporated, headquartered in Washington, D.C., is a leading provider of international trade consulting, litigation support and economic analysis services, specializing in antidumping, countervailing duty, and intellectual property rights (Section 337) proceedings, as well as trade negotiations, multilateral and bilateral trade agreements, trade legislation, and general international economic, forensic, and financial analysis.
OUR EXPERTISE
Areas Of Practice
Global Customs Analytics
OUR TEAM
Meet The Principals
CAPTRADE BLOG
Recent Posts
JULY 2024
Data Corner
Source: Bureau of Labor Statistics. All series expressed in percent (inflation as percent changes between periods).
Unemployment Ticks Upward While Inflation Shrinks
The June jobs report showed an increase in the unemployment rate to 4.1 percent, which has ticked upwards by 0.1 percent each month since March. It is 0.7 percentage points higher than its more-than-half-century low of 3.4 percent in the first half of last year. Government and health care saw the largest job gains for the month, while employment in retail and professional and business services declined slightly.
Meanwhile, inflation fell by 0.1 percent for the month — the first decline since May of 2020 — after remaining unchanged at 0.0 percent in May 2024 . The inflation rate for the 12-month period was 3.0 percent. Gasoline prices fell in both May and June, contributing to the decline in June and more than offsetting the increase in shelter. Given the loosening labor market situation and cooling inflation, many observers anticipate that the Fed may begin cutting interest rates as early as September.
CONTACT US
Get In Touch
If you need assistance with a trade matter or require economic expertise, we are here to help. Whether you have a detailed plan in mind, a vague idea, or just initial questions, feel free to drop us a line.