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NEWS RELEASE 99-040; MARCH 29, 1999 March 29, 1999
News Release 99-040

U.S. HOME TEXTILE INDUSTRY FACES GROWING COMPETITION

The U.S. home textile industry underwent significant restructuring in recent years as a result of a highly competitive retail environment, reports the U.S. International Trade Commission (ITC) in its Industry and Trade Summary: Home Textiles.

As consumers became more value conscious, retailers became more demanding of their suppliers in terms of price, quality, selection, and service. Moreover, the consolidation in the retail sector and the growing concentration of sales volume among a few big retailers increased the bargaining power of the retailers and disrupted traditional producer-buyer relationships. The big retailers are aligning themselves with suppliers that can offer quality products in large volumes, at competitive prices, and on a timely basis.

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

The foregoing information is from the ITC report, Industry and Trade Summary: Home Textiles (USITC Publication 3170, March 1999).

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

This 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 the Office of the Secretary, U.S. International Trade Commission, 500 E St., SW, Washington, DC 20436. Requests may also be made by fax to 202-205-2104.

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