Textile Industry in USA
The Textile industry is one of the most important sectors in any country. Textile Industry of any country also plays a vital role in the economic growth of the country. In this article, we will discuss the industry and growing business of the Textile Industry in the USA. The demand for textile materials in the USA is huge. In the past few years due to the continuous growth of investment in the country’s textile market, the textile industry of the USA has become a worldwide competition. The textile industry of the USA remains one of the most significant sectors and considered among the top markets in the world. The export value of the textile industry in the USA in 2018 was $23 billion. The USA is the manufacturer of textile raw materials such as yarns, fabrics, apparel, home furnishing and other textile products. The USA Textile provides about 341000 jobs in the country. The capital expenditure of the Textile Industry in the USA was $2 billion in 2017. The textile business