Feedback Here

fbook  tweeter  linkin YouTube
Global contents also translated in Chinese

US textile employment on a decline

"Significant investment in automation in the U.S. textile and apparel industry, particularly in yarn, thread, and fabric production, has depressed U.S. employment despite increases in domestic shipments”, according to the report titled “The Economic Effects of Significant U.S. Import Restraints" by the US International Trade Commission

In coming years, increased capital investment in automation should contribute to a further expected decline of 3.7 percent, on average, in employment in the textile and apparel industry during 2015–20.

The most significant decline is projected in the textile products (5.9 percent) and textile mills sectors (5.7 percent).

At the same time, U.S. textile and apparel exports are expected to increase 2.8 percent, with U.S. apparel exports increasing by 10 percent as a result of growing demand for higher-quality, specialised, or “Made in the USA” apparel.

 

 
LATEST TOP NEWS
 


 
MOST POPULAR NEWS
VF Logo