Wall Street Journal (July 29)
2024/ 07/ 30 by jd in Global News
The “post-covid factory boom Is running out of steam,” leaving U.S. manufacturers to rethink “their plans as they brace for an extended slump in demand.” Compounding factors include “higher interest rates, rising operating costs, a strengthening U.S. dollar and lower selling prices for commodities” as more executives forecast “challenging business conditions for the remainder of the year.”
Tags: Commodities, Demand, Dollar, Executives, Extended slump, Factory boom, Interest rates, Manufacturers, Operating costs, Plans, Post-Covid, Rethink, U.S.
