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

Why August’s Consumer Spending on Clothing, Footwear Slumped Again

COVID-19 recovery is on the horizon but the pandemic's impact on sustainability, retail, product development and consumer buying patterns means the denim industry must evolve. Join Rivet on April 20th at 11 am ET for the COVID, One Year Later roundtable.

Consumer spending on clothing and footwear declined for the second consecutive month in August, falling 0.58 percent to $396.36 billion, as the economic effects of the coronavirus pandemic continued to take its toll, according to estimates released Thursday in the Personal Income & Outlays data from the U.S. Bureau of Economic Analysis (BEA). This followed…

This content is for Annual and Limited members only. You can read up to five free articles each month with a Limited Level Subscription. Please log in, or subscribe.

Log In Subscribe

More from our brands

Access exclusive content Become a Member Today!