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Recent data point to cooler demand for manufactured goods other than semiconductors and other electronic equipment.
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The weather cooled; demand fell.
Both companies have struggled with excess inventory amid cooling demand.
And as high prices lead to greater production, they also cool demand, easing the pressure further.
The increases are intended to raise borrowing costs and cool demand for big-ticket items like cars and homes.
Today's report suggests higher borrowing costs have done little to cool demand for goods and services.
A single finding is sufficient to make the point: "For example, the potential cooling demand in metropolitan Mumbai is about 24 percent of the demand for the entire United States".
Hong Kong's residential property prices have fallen from their recent highs mainly because of government measures intended to cool demand — but those measures do not affect retail rents.
Their optimal response, he says, would be to tighten fiscal policy, which would cool demand, putting downward pressure on interest rates and their currencies.
The growth rate is off slightly from an estimated 6.2 percent in 2012, mainly because of cooling demand in a few overseas markets, notably China.
The General Motors Corporation posted a sharp decline in profits yesterday because of rising competition from Asian carmakers, cooling demand for cars in the United States and disappointing sales in Europe.
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