A First Look At 2008
By Robert S. Reichard, Economics Editor
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
’s annual economic outlook feature
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.
Download Current US Textile & Economic Indicators.