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

Consumer Spending on Clothing and Footwear Backed Off in October

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.

After rising for two consecutive months, consumer spending on clothing and footwear fell 0.67 percent to $441.77 million in October, according to the Personal Consumption & Expenditures (PCE) report released Wednesday by the U.S. Bureau of Economic Analysis (BEA). The decline follows the retail sales report from the U.S. Census Bureau and the National Retail…

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!