Not just the housing market: Recession threatens 'unprecedented' slowdown in manufacturing that will extend into next year

Not just the housing market: Recession threatens ‘unprecedented’ slowdown in manufacturing that will extend into next year

Topline Growing evidence has emerged this week that the Federal Reserve’s interest rate hikes, which have already caused a sudden collapse in the once-hot housing market, have fueled an unprecedented downturn for manufacturers, paving the way for which could lead to a prolonged downturn in the industry. production. ‘One of the biggest deteriorations in world …

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