New report shows growth in American footwear and apparel manufacturing
The American Apparel and Footwear Association (AAFA) recently released its Apparel Stats 2012 report. The study is "a snapshot of the U.S. apparel industry market trends for 2011" that "examines business and trade information related to U.S. apparel consumption, production, employment, imports, and retail prices.
President and CEO of AAFA Kevin M. Burke stated:
In 2011, domestic apparel manufacturing grew 11.1 percent and, for the first time ever, domestic production’s share of the U.S. market grew, driving import penetration in the U.S. apparel market below 98 percent. Despite continued shifts away from China as a sourcing option, China remains the largest supplier of apparel to the U.S. market supplying nearly 33.2 percent of apparel sold in the United States.
Learn more here.
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