Us Shoe Price Rises, Number Of Live Cattle Decreases
The US Labor Statistics Bureau recently released a report showing that the average price of clothing in the United States dropped by 2% last year, while the prices of underwear, sweaters, jewellery and watches all declined.
But maybe most American consumers are buying.
Boots
Casual shoes or high-heeled shoes realize that shoes are actually a fast rising category.
according to
U.S.A
Bureau of labor statistics shows shoes.
Price
It has risen by 2.8%.
According to the analysis of the statistical bureau, it may be that the shortage of live cattle has led to the high price of raw leather, thus driving up the price of shoes.
According to estimates by the US Department of agriculture, the level of live cattle has reached its lowest level since 1973, about 95 million.
In 2013, the United States still maintained the world's largest output of cowhide, leading Brazil.
The smaller the number of cattle and the higher price of shoes are closely related, especially for the price of luxury brands, which require high quality raw leather.
Drought and high feeding costs are the main causes of cattle damage.
Even if feeding prices begin to fall, it will take some time to recover the cattle population according to the cattle feeding cycle.
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According to a report released by the AAFA, the average number of shoes purchased by American consumers in 2013 was the largest, with an average of 7.5 pairs of shoes per person (including children).
"This figure is the highest in the world."
Juanita CEO AAFA said.
"In 2013, the footwear industry contributed a record $361 billion to the US economy, higher than any other industry such as cars, drinks, toys and so on.
In 2011, Americans witnessed the first rebound in the manufacture of shoes and garments in the United States, and the total value of clothing and footwear manufactured in the United States increased by 6.2% and 8.5% respectively in 2013.
AAFA's continued efforts in the manufacturing sector are not only to help member enterprises grow successfully in the US market, but also to promote the manufacture of shoes and clothing in the United States, he said.
But while manufacturing has grown, 98% of the domestic shoe imports still come from imports.
"In fact, the footwear market in the United States relies heavily on international trade."
"So we call on Congress and the Obama administration to take immediate action on the forthcoming trade legislation and trade agreements to protect the 4 million employed population and 316 million of the consumers in the industry," he commented.
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