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Global Recession, South Korea Manufacturing Output Shrinks in July, First Time in Two Years
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Posted On: August 1, 2022
We are seeing the cascading impacts of the energy-driven inflation starting to ripple throughout the globe, specifically worsening economies who are dependent on the export of non-essential durable goods. South Korea manufacturing is the latest example. The first quarter of 2022 started with a drop in U.S. consumer spending on non-essential durable goods like electronics. […]
The post Global Recession, South Korea Manufacturing Output Shrinks in July, First Time in Two Years appeared first on The Last Refuge.
Re Posted From: Global Recession, South Korea Manufacturing Output Shrinks in July, First Time in Two Years
[BACK]
[BACK]Posted On: August 1, 2022
We are seeing the cascading impacts of the energy-driven inflation starting to ripple throughout the globe, specifically worsening economies who are dependent on the export of non-essential durable goods. South Korea manufacturing is the latest example. The first quarter of 2022 started with a drop in U.S. consumer spending on non-essential durable goods like electronics. […]
The post Global Recession, South Korea Manufacturing Output Shrinks in July, First Time in Two Years appeared first on The Last Refuge.
Re Posted From: Global Recession, South Korea Manufacturing Output Shrinks in July, First Time in Two Years