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NEWS RELEASE 99-034; MARCH 24, 1999 March 24, 1999
News Release 99-034

U.S. APPAREL INDUSTRY CONTINUES TO RESTRUCTURE

The U.S. apparel industry continued to restructure between 1993 and 1997 as a result of growing competition in the domestic market, reports the U.S. International Trade Commission (ITC) in its Industry & Trade Summary Report: Apparel.

The competitive pressures facing the industry reflect not only the large number of suppliers in the apparel market, but also the confluence of changing consumer preferences, rising import penetration, and growing buying power of large retailers, which have led to considerable downward pressure on prices.

The ITC, an independent, nonpartisan, factfinding federal agency, recently released the report as a part of an ongoing series of reports on thousands of products imported into and exported from the United States. Following are highlights of the report:

The foregoing information is from the ITC report Industry & Trade Summary: Apparel (USITC publication 3169, March 1999).

ITC Industry and Trade Summary reports include information on product uses, U.S. and foreign producers, and customs treatment of the product being studied; they analyze the basic factors affecting trends in consumption, production, and trade of the commodities, as well as factors bearing on the competitiveness of the U.S. industry in domestic and foreign markets.

The report will be available on the ITC's Internet server at www.usitc.gov. A printed copy can be requested by calling 202-205-1809 or by writing to the Office of the Secretary, U.S. International Trade Commission, 500 E Street, SW, Washington, DC 20436. Requests may also be made by fax to 202-205-2104.

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