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Demand for exports contracted as well.
Weakening demand for exports bears part of the blame.
The Fed cited falling profits and investment in American businesses, and weakening demand for exports.
Prices have increased since then, while demand for exports has fallen.
Restrained growth in wages and healthy demand for exports were at least as important.
Booming demand for exports has powered an impressive rebound over the past couple of years.
American factories have seen less demand for exports because of a weaker global growth.
The global slump of 1857 wiped out banks and chilled demand for exports.
Strong demand for exports like automobiles has fueled the recovery in Germany, as in past recoveries.
At the same time, overseas demand for exports also has improved in recent months.
Officials are also worried that the demand for exports will decimate local donkey populations.
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