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Wartime Economy

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economy2 years ago

"Israel's Resilient Wartime Economy: Overcoming Challenges"

Israel's economy is adapting to the challenges of wartime as the conflict with Hamas continues. Industries such as security doors and filtration systems are experiencing a surge in demand, while others, like construction and hospitality, are struggling due to a reduced labor force and decreased consumer confidence. The tech industry, however, remains resilient. Economic growth forecasts have been slashed, and the situation along the northern border remains uncertain. With ongoing fighting and increased state spending, the magnitude of the crisis facing Israel's economy is a concern.