By  on October 10, 2008

WASHINGTON — Flagging consumer demand and economic pressures dragged apparel and textile imports down in August for the sixth straight month.

Apparel and textile shipments to the U.S. fell 6.4 percent to 4.68 billion square meter equivalents in August, the Commerce Department said Friday. Imports of textiles and apparel to the U.S. have fallen every month this year, except February. The volume of shipments to the U.S. fell 4.4 percent in July after declining 10 percent in June and 6 percent in May. Import numbers lag by a month, so the results of the most recent financial turmoil are not reflected.

To Read the Full Article

Tap into our Global Network

Of Industry Leaders and Designers

load comments
blog comments powered by Disqus