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No June Swoon for Consumer Spending on Clothing and Footwear

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

Consumer spending on clothing and footwear bounced back in June, after two months of declines, the U.S. Bureau of Economic Analysis (BEA) revealed Friday in its Personal Income and Outlays report. Personal expenditures on footwear and apparel increased 1.79 percent to $505.44 billion in June compared to $496.57 billion in May, according to BEA. The…

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