The Subprime Crisis Has Revealed A 3.8% Decrease In Textile And Clothing Imports In The US.

2008/4/28 17:19:00 36

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The Subprime Crisis Has Revealed A 3.8 Decrease In Textile And Clothing Imports In The US.

Since the outbreak of the subprime mortgage crisis in the second half of last year, the US economy has shown signs of recession. According to the data released by the US textile and clothing office, in January, the United States imported 4 billion 100 million square meters of textile and clothing, 7 billion 640 million US dollars, down 3.83% and 3.96% respectively, and the average price of imports was 1.85 US dollars / square meter, down 0.14%. Among them, the largest decline in clothing imports, the number dropped 7%, the amount of 5.2% decline, the number of imports of cotton clothing decreased by 6.3%, the amount dropped 4.3%. Textile imports of 2 billion 350 million square meters, 1 billion 850 million US dollars, respectively, declined by 1.3% and increased by 0.01%, of which the number of home textiles decreased by 0.17%, and the amount decreased by 0.64%.