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July’s Consumer Spending on Clothing, Footwear Keeps Streak Alive

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 in the U.S. ticked up 0.4 percent in July compared to June to $409.28 billion, but was still 1.3 percent below the $414.54 billion spent in July 2019, according to estimates released Friday by the Bureau of Economic Analysis (BEA). It was the third straight month for increased consumer…

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