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    The US Economy Is Heading For Recovery And Clothing Consumption Will Grow.

    2010/5/6 13:20:00 49

    American Economy

    There are signs that the US economy continues to recover.

    Some statistics, which are regarded as major economic indicators by American economists, have been on the rise in the past few months.

    Among the major economic indicators, interest rates, stock prices and manufacturing performance are the main factors that affect the overall index.


    Just as the typical characteristics of the recovery period, after the main economic indicators rise, gross domestic product (

    Gross domestic product

    And then improve.

    Two thousand and nine

    The third quarter of the US

    Gross domestic product

    increase

    2.2%

    On the basis of the fourth quarter, it also increased

    Five point six

    %.

    This is mainly due to the gradual growth of personal consumption.

    Over the past eight months, overall consumption and clothing and footwear consumption have been on the rise for seven months.


    Despite rising consumer spending in the US, the consumer confidence index remains at a historic low.

    The financial crisis, the housing bubble and soaring oil prices have prompted consumers to tighten their purse strings and cut spending.

    After a sharp fall, housing prices in some cities are still higher than those in housing prices.

    06

    The average annual average is low.

    Twenty

    More than%.

    On the other hand, although the oil price has dropped slightly, it is still more than that.

    07

    The annual price is high.


    Another factor that has a great impact on consumers is the unemployment rate. With the advent of the economic crisis, the unemployment rate remains high.

    since

    Two thousand and seven

    year

    Twelve

    Since the beginning of the recession in the US economy, it has been cut down.

    Eight hundred and twenty

    Ten thousand jobs.

    The unemployment rate has reached its highest value in ten years (the latest data are

    Nine point seven

    %).

    Jobs are still hard to find, and the unemployed have been faced with a low salary.

    However, there has also been noticeable change in the labour market.

    from

    Two thousand and nine

    year

    Three

    Since the month, the number of jobs lost each month has been reduced to varying degrees.

    Two thousand and nine

    year

    Eleven

    Yue He

    Two thousand and ten

    year

    Three

    Monthly job opportunities increased.

    With the further improvement of the labor force market, consumers who find jobs will no longer worry about unemployment.

    These consumer representatives are now unemployed.

    Ninety

    More than 1% of the labor force will increase their expenditure once they are no longer worried about unemployment.

    Consumer spending will affect the entire supply chain, which will help the US economy out of recession.


    There are signs that consumers are gradually increasing consumer spending.

    Statistics from the US Department of Commerce show that over the past eight months, total consumption and clothing consumption have increased in seven months.

    The increase in consumer spending, coupled with the risk management strategy of enterprises, has been regulated in the past.

    Eighteen

    Reducing inventory in the middle of the month will help restore productivity worldwide.

    As inventories fell, factory orders began to increase.


    The apparel supply chain is an example of the recovery of the entire textile industry.

    With the good sale situation of apparel retail terminal, the stock will be reduced. To meet the needs of consumers, import orders are bound to increase.

    from

    Two thousand and ten

    From the beginning of February to the beginning of the year, the import of cotton clothing increased by nearly.

    Eight

    %, year-on-year growth

    14.2%

     

    Consumer trade-offs


    According to the Cotton Corp lifestyle survey

    (Lifestyle Monitor E)

    A study of the consumer's personal economic status has found that it has changed consumer behavior.

    For example, among consumers who are not optimistic about their personal economic conditions,

    Sixty-seven

    Blame for the recession.

    Fifty

    We condemn the surge in oil prices.

    Thirty-eight

    % is the unemployment rate.

    Forty-two

    % is considered a decrease in income.


    Consumers are not optimistic about their personal economic situation:


     

    Lifestyle survey

    (Lifestyle Monitor E)

    Another survey of consumer clothing consumption data shows that

    Fifty-one

    % of consumers said they were less than last year.

    Less spending on clothing.

    Among consumers who buy clothes,

    Fifty-six

    % of consumers only buy necessities.

    Thirty-five

    % will make more comparisons before buying.



    A bright future road


    The US economy has gone through the past.

    Twenty-five

    The most difficult period since the year is showing signs of real recovery.

    With the gradual improvement of the economic situation in the United States, people's confidence in the economy has gradually resumed, and American consumers will also increase their clothing purchases.

    In the post economic crisis era, due to the significant reduction in inventory resulting from risk management strategies, the increase in manufacturing productivity worldwide will contribute to the recovery of the global economy.

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