Trade Deficit Hits Record As Industry Imports Rise

Clark, Evan; Ellis, Kristi
February 2007
WWD: Women's Wear Daily;2/14/2007, Vol. 193 Issue 35, p13
Trade Publication
The article reports on the increase in the U.S. trade deficit in 2006. The deficit reached U.S. $ 763.6 billion, including apparel and textile imports that increased 2.6 percent. According to the Commerce Department, the deficit between how much more the U.S. buys from abroad than it sells grew 6.5 percent. China captured 35.7 percent of the apparel and textile import market and widened its trade gap in all goods by 15.4 percent.


Related Articles

  • Industry Imports Post Fifth Straight Decline. Casabona, Liza // WWD: Women's Wear Daily;WWD BeautyBiz, Vol. 196 Issue 56, p25 

    The article reports that under continued pressure from declining consumer demand and a stalled economy, apparel and textile imports to the U.S. dropped in July 2008 for the fifth consecutive month. According to the Commerce Department, the volume of apparel and textile imports declined 4.4...

  • June Imports Hit Record. Clark, Evan // DNR: Daily News Record;8/14/2006, Vol. 36 Issue 33, p8 

    This article reports on the record growth posted by apparel and textile imports in June 2006, according to the U.S. Commerce Department. The rise was fueled by countries such as Pakistan, India and South Korea, which managed to increase shipments enough to overcome a decline of 1.3 percent in...

  • Apparel, Textiles Imports Rise in July. Clark, Evan // DNR: Daily News Record;9/18/2006, Vol. 36 Issue 38, p12 

    This article reports on the continued growth of China's apparel and textile imports in 2006. In July the number jumped 7.5 percent against a year earlier to 1.7 billion square meters equivalent, according to U.S. Commerce Department figures. The deficit with China in goods trade weighed in at...

  • Textile/Apparel Imports Up 10% In First Half '81.  // Textile Chemist & Colorist;Sep81, Vol. 13 Issue 9, p9 

    The article discusses the economics of the textile industry, providing data from the American Textile Manufacturers Institute (ATMI), which is based on data from the U.S. Department of Commerce. Imports of textile and apparel products during the first half of 1981 were 10 percent higher than in...

  • U.S. Government Self-Initiates Safeguard Investigation in Six Categories. Cole, Michael; Desmarteau, Kathleen // Apparel Magazine;May2005, Vol. 46 Issue 9, p6 

    The article reports that the U.S. government self-initiated the China textile safeguard process in six product categories to determine whether the U.S. market has been disrupted by a surge in Chinese imports of these products. Days after the government's action, a group of associations...

  • Textile and Apparel Exports Grew in Third Quarter.  // Textile Chemist & Colorist;Jan96, Vol. 28 Issue 1, p4 

    The article reports on the financial performance of U.S. textile and apparel's international trade for the first three quarters in 1995. According to the Department of Commerce, the country has reached a total of $10.2 billion in exports. For imports, the period has accounted $38 billion, an...

  • Imports Total $15.9 Billion In January-September Period.  // Textile Chemist & Colorist;Dec86, Vol. 18 Issue 12, p4 

    The article reports on the financial performance of textile and apparel imports in the U.S. in the first three quarters of 1986. According to the Department of Commerce, textile and apparel imports have increased by 20.5% from 1985, totaling 9.8 billion square yards. In the same period, textile...

  • Imports See Strong Growth In May.  // WWD: Women's Wear Daily;7/14/2010, Vol. 200 Issue 9, p10 

    The article focuses on the strong growth marked by the textile and apparel imports to the U.S. in May 2010. The U.S. Commerce Department reported that the overall trade deficit increased upto 42.3 billion dollars in May 2010 from 40.3 billion dollars in April 2010. The textile imports increased...

  • Textile imports surge while exports marginally decrease.  // Colourage;Jun99, Vol. 46 Issue 6, p56 

    Reports on data from the U.S. Department of Commerce showing that textile imports from Asia increased by 16 percent during the first nine months of 1998 compared to 1997.


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics