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Business & Financial
Robert S. Reichard, Economics Editor

A First Look At 2008

By Robert S. Reichard, Economics Editor

T he United States’ still impressive textile/apparel complex is alive and well, with 2008 shipments expected to total nearly $95 billion — off only 4 percent from last year’s level. That’s the gist of Textile World ’s annual economic outlook feature (See “ Textiles 2008: A Blueprint For Survival,” www.TextileWorld.com, January/February 2008). That’s not to say there still aren’t serious problems to deal with, or that continuing modest industry shrinkage beyond the new year can be avoided. But by and large, any further dips in mill activity should be manageable.

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January/February 2008

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