By  on December 9, 2011

WASHINGTON — Apparel imports to the U.S. fell sharply in October from a year earlier, declining 14.6 percent to 2 billion square meter equivalents, as retailers and apparel brands pulled back on orders heading into the holidays, in light of uneven consumer spending and a struggling economy.

Combined apparel and textile imports to the U.S. dropped 9.3 percent to 4.6 billion SME, the Commerce Department’s Office of Textiles & Apparel said Friday, with textile shipments off 4.5 percent to 2.5 billion SME compared with October 2010. The overall trade deficit narrowed to $43.5 billion in October, down 1.6 percent from September.

To Read the Full Article

Tap into our Global Network

Of Industry Leaders and Designers

load comments
blog comments powered by Disqus