Textile Sector Brings $1.65 Billion in Project Spending to U.S.

November 25, 2024--Researched by Industrial Info Resources (Sugar Land, Texas)--While not nearing the heights it experienced in the twentieth century, the U.S. textile sector remains an important means of employment for thousands of people and sets the mark for high-quality goods. While many finished textiles are imported into the U.S., particularly from Asia, some manufacturing has returned to U.S. shores due to factors such as rising overseas wages, supply-chain disruptions and the desire to meet the quick turnaround times demanded by the fashion industry. Industrial Info is tracking more than $1.65 billion worth of active projects in the U.S. textile sector, mostly concentrated in the industry's traditional home of the Mid-Atlantic market region.