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US Clothing and Footwear Spending Rallies in July With 1.5% Increase

As we settle into the new year, our Sourcing Summit Companion Report looks ahead at ways to optimize processes and performance.

Clothing and footwear expenditures rebounded in July, increasing 1.5% to $400.68 million from $394.62 million in June, the U.S. Bureau of Economic Analysis (BEA) reported Thursday. Clothing and footwear spending had fallen 0.6% in June compared to May after four straight months of increased spending in the sector. This followed a 0.4% increase in July…

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