Whirlpool Blames 'Iran War' for 'Recession-Level Industry Decline'

Whirlpool announced that the 'War in Iran' has caused a 'recession-level industry decline' in the U.S., leading to a collapse in consumer confidence in late February and March. The company's shares have fallen by 20%.

7 May, 12:07 — 7 May, 12:07

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cnbcMostly Factual116d ago

Whirlpool says Iran war causing 'recession-level industry decline.' The shares are down 20%

"War in Iran resulted in recession-level industry decline in the U.S. as consumer confidence collapsed in late February and March," the company said.

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Whirlpool Blames 'Iran War' for 'Recession-Level Industry Decline'

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Whirlpool says Iran war causing 'recession-level industry decline.' The shares are down 20%

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