Facebook Pinterest Search Icon SourcingJournal_horiz Tumbler Twitter Shape photo-camera graph-trend Shape latest-news icon / user

Americans Spent Almost $380B on Fashion Last Year

Join Sourcing Journal on March 13th HKT for Sourcing Summit Hong Kong for discussions on mending relationships between supply chain partners, remaking factories for smaller MOQs and faster turns, and creating resilience to survive the next inevitable crisis.

The fashion industry is a catalyst for economic prosperity in the U.S.

According to a recent report titled The Economic Impact of the Fashion Industry, Americans spent almost $380 billion on fashion last year and the industry created jobs for more than 1.8 million Americans in 2015.

“Fashion-related jobs are a vital part of the economy across the U.S., and especially in New York City, which I am proud to represent in Congress,” Rep. Carolyn Maloney (D-New York) said. “As this new report makes clear, everyone in the industry, from the designer who creates a red-carpet gown to the retail worker who folds and sells the season’s latest looks, plays a critical role in this major economic driver.”

Read more at Sourcing Journal.

Related Articles

More from our brands

Access exclusive content Become a Member Today!