A First Look At 2008
By Robert S. Reichard, Economics Editor
T
he United States’ still impressive textile/apparel complex is alive and well, with 2008
shipments expected to total nearly $95 billion — off only 4 percent from last year’s level. That’s
the gist of
Textile World
’s annual economic outlook feature
(See “
Textiles 2008: A Blueprint For
Survival,” www.TextileWorld.com, January/February 2008). That’s not to say there still
aren’t serious problems to deal with, or that continuing modest industry shrinkage beyond the new
year can be avoided. But by and large, any further dips in mill activity should be manageable.
January/February 2008
Related Articles:
Textiles 2008: Blueprint For Survival
: Despite ongoing challenges, the textile and apparel industries should continue to survive by improving efficiencies and engaging in the global economy.
Related Files:
Download Current US Textile & Economic Indicators.