Monthly Market Overview July 2024 LAST MONTH’S ECONOMIC EVENTS · U.S. Employment Increased by 272,000 Jobs· U.S. Unemployment Rate Unchanged at 4.0%· Canadian Employment Increased by 26,700 Jobs· Canada’s Unemployment Rate Increased to 6.2%· U.S. Annual Inflation Rate Decreased to 3.3%· Canada’s Annual Inflation Rate Increased to 2.9%· Canada’s Monthly Retail Sales Increased by 0.7%· U.S. Monthly Retail Sales Increased by 0.1%· U.S. First…
Monthly Market AnalysisJuly 2024 Economy United States he U.S. economy continues to gradually slowdown from the fast paced growth that we saw in 2023. The economy generated 272,000 jobs in May, which is still robust, but the unemployment rate has also risen from 3.6% last May and is now 4%. During the first quarter of…