Overview
The U.S. textile and apparel industry is a nearly $70 billion sector when measured by value of industry shipments. It remains one of the most significant sectors of the manufacturing industry and ranks among the top markets in the world by export value: $23 billion in 2018. At 341,300 jobs, the U.S. industry is a globally competitive manufacturer of textile raw materials, yarns, fabrics, apparel, home furnishings, and other textile finished products. Capital expenditures were $2 billion in 2017, the latest year for which data are available. In recent years, companies have focused on reorienting their businesses, finding more effective work processes, investing in niche products and markets, controlling costs through advanced technologies, and reshoring/nearshoring production."
