The US Economy Is On The Rise, Stimulating The Consumption Of Textile And Clothing.

Because some are the United States. Economics Statistics that the family considers to be the main economic indicators has been on the rise in the past few months, and these signs indicate that the US economy is moving towards recovery. Among the major economic indicators, interest rates, stock market quotas and manufacturing performance are the main factors that influence the improvement of composite index. At the same time, the improvement of the job market will lead people to right. clothing And so on.

Just as the typical characteristics of the recovery period, GDP has increased since the main economic indicators have risen. In 2009, the US GDP grew by 2.2% in the third quarter. On this basis, the fourth quarter increased by 5.6%. The revival of the economy has led to a gradual increase in personal consumption. Over the past 8 months, there has been 7 months of total consumption (including clothing and shoes Consumption) is on the rise.

Since the outbreak of the financial crisis, the US consumer confidence index has been on the low side. The housing bubble and soaring oil prices encourage consumers to tighten their purse strings and cut spending. Another factor that has a great impact on consumption is the unemployment rate. Affected by the economic crisis, the unemployment rate in the United States remains high. Since the US economy began to decline in December 2007, it has reduced 8 million 200 thousand jobs. The unemployment rate has reached its highest level in nearly 10 years. However, as the global economy is getting warmer, there are also encouraging changes in the US job market. Since March 2009, the monthly unemployment rate has been reduced to varying degrees. The domestic employment market in the United States has been further improved, and people who find jobs have gradually removed their concerns. These consumer representatives now have more than 90% of the workforce in the unemployment force. Once they are no longer worried about unemployment, they will be willing to increase their consumption expenditure.

According to statistics from the US Department of Commerce, total consumption and clothing consumption increased in 7 months in the past 8 months. The increase in consumer spending, coupled with the regulation of risk management strategies, has significantly reduced commodity inventories over the past 18 months, and helped to restore productivity worldwide, with factory orders in the United States increasing.