Annual Clothing Industry 2012 Annual Report

U.S.A

AAFA recently released its annual clothing industry 2012 annual report, which is a snapshot of the 2011 market trend.

The report examines the clothing business situation and trade information related to clothing consumption, production, employment, import and retail prices in the United States.

Kevin M. Burke, President and chief executive officer, said: "following the surge in domestic production in the US footwear industry in 2011, the apparel industry in the United States has also welcomed the rise in domestic production.

In 2011, the domestic apparel industry grew by 11.1%, and its share growth in the US market for the first time in history.

This has pushed the penetration rate of the US apparel market to below 98%.

Despite the fact that China is no longer the only source of sourcing, China is still the largest garment supplier in the US market, and nearly 33.2% of its clothing products come from China.

"Because more than 97% of the garments in the US market come from all over the world, trade is still an important issue in the clothing and footwear industry of the United States.

In fact, nearly 3 million

Workers and more than 1 million shoe workers rely on these trades to keep their jobs.

Kevin M. Burke said.

The following is part of the annual report of the apparel and Footwear Association 2012.

In 2011, clothing consumption in the United States dropped by 5.3% to 19 billion 400 million.

Although consumption has declined slightly compared with the notable increase in 2010, the reduction in consumption does not mean that it has returned to the level of consumption during the recession of 2008 and 2009.

Despite the decline in clothing consumption in the United States in 2011, the value of retail apparel sales increased by 4.9% to $283 billion 700 million.

This growth reflects the rise in supply chain costs (including materials, labor and pportation), and the growth of retail prices, and the re purchase of higher priced clothing after the recession.

In 2011,

97.7% of the clothing sold from around the world, down 0.3% compared with 2010.

This shows that the penetration rate of American clothing imports has dropped for the first time, that is, the reduction in clothing imports.

China is now the largest international market for American cotton exports, the second largest market for American yarn exports and the third largest market for American fabric exports.

On average, each American (including adults and children) spent $910 on clothing in 2011 and consumed more than 62 items.

At the same time, the average expenditure on clothing purchased by Americans in household income continues to decrease.