Swimming Pool Manufacturers Slash Profit Forecasts Despite Extreme Heat

Swimming pool manufacturers in the US are slashing their profit outlooks for the year even as July was officially declared the world’s hottest month on record, a contradiction that illustrates just how vast and profound the fallout from rapid interest rate hikes has been. #press

https://www.bloomberg.com/news/articles/2023-08-09/belly-flopping-pool-market-shows-far-reaching-pain-of-fed-hikes?utm_source=press.coop

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