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US Textile and Apparel Imports Dip Slightly in August

According to data released today by the US Office of Textiles and Apparel, US imports of textile and apparel products fell slightly during the month of August, though they maintained a marginal, year-on-year growth.

US textile and apparel imports totaled USD101 billion in the year-to-date ending August 31, an increase of 0.71% over the same period in 2011. The country imported USD9.8 billion worth of apparel and textiles during the month of August, a year-on-year decrease of approximately 7% from last year’s high of USD10.4 billion.

August’s import figures also represented a 2% decrease from July’s total imports of USD10 billion.

Total apparel imports fell roughly 2% month-on-month from USD7.8 billion to USD7.7 billion, whereas the import of non-apparel items fell 3% from USD2.19 billion in July to USD2.15 billion in August.