Cooling Demand for Goods Threatens to Turn Pandemic Boom Into Bust

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Factories all over the world are reporting weakening demand for his or her merchandise, an indication that the consumer-goods growth that kick-started the postpandemic financial restoration might flip right into a bust as surging costs and rates of interest erode spending energy.

Surveys of producers launched Friday informed the same story whether or not the manufacturing facility was in South Korea, Italy or the U.S.: Output is falling or is rising at a slower tempo, pushed by declines in new orders, and notably these from abroad consumers.

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