TITLE

Tough Year for Tougher Trade

AUTHOR(S)
Hogsett, Don
PUB. DATE
January 2006
SOURCE
Home Textiles Today;1/30/2006, Vol. 27 Issue 18, p2
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
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.
ACCESSION #
19565624

 

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