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Cooling Demand for Goods Threatens to Turn Pandemic Boom Into Bust

Factories around the globe are reporting weakening demand for their 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 instructed an identical story whether or not the manufacturing facility was in South Korea or Italy: Output is falling or is rising at a slower tempo, pushed by declines in new orders, and significantly these from abroad patrons.

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