U.S. textile and apparel trade declines in first half of 2024

Sep 6, 2024

The United States has experienced a 3.17% decline in its textile and apparel exports, totaling $11.5 billion in the first half of 2024. This downturn continues a trend that began in the first quarter and slightly decelerated in the subsequent months, following a significant drop recorded in 2023. Concurrently, imports have also slowed in response to recent inflationary pressures.

 

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