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US Apparel Manufacturing’s Upbeat Outlook Shrugs Off Doom and Gloom

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The U.S. apparel and leather industry is surprisingly buoyant about its prospects for the rest of 2020, according to a new forecast issued by the Institute for Supply Management (ISM). An ISM survey of purchasing and supply executives published in the “Spring 2020 Semiannual Economic Forecast” showed U.S. manufacturing, revenue, and capital expenditures and utilization…

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