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

Spending on Clothing, Footwear Lost Momentum in August

Join Sourcing Journal on March 13th HKT for Sourcing Summit Hong Kong for discussions on mending relationships between supply chain partners, remaking factories for smaller MOQs and faster turns, and creating resilience to survive the next inevitable crisis.

Consumer spending on clothing and footwear slowed in August, rising 0.75% to $408.65 million from $405.65 million in July, which saw an increase of 1.5% over June spending, the U.S. Bureau of Economic Analysis (BEA) reported Thursday. This follows a similar pattern found in the U.S. Census Bureau’s monthly retail sales report where sales at clothing…

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!