Apparel Spending Sputters in Late 2016

Consumer spending has been rising faster than incomes, according to the most recent U.S. Department of Commerce data, but apparel has not benefitted from the increase.

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US Apparel Imports Had a Bad December

Total U.S. apparel imports dropped in December, according to data released last week by the U.S. Census Bureau, resulting in the first annual decline in the category in the past four years. Apparel imports plunged by 7 percent in the month, to $6.6 billion on……...

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