Tough Year for Tougher Trade

Hogsett, Don
January 2006
Home Textiles Today;1/30/2006, Vol. 27 Issue 18, p2
Trade Publication
The article reports that the textile industry in the U.S. had a tough year in 2005, in reference to the annual survey conducted by the National Council of Textile Organizations. Swamped by the continuing flood of imports, 31 textiles and apparel plants were closed in 2005. Also, the low-cost imports most notably from China, the sharply rising raw materials costs and an indifferent retail community that insists on ever lower prices had all contributed to the difficult condition of the industry.


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