The New Economy of Fashion

There are strong signs of a bright future for sectors of the fashion industry—primarily in design and high tech manufacturing.

Fashion is a multi-trillion dollar global industry, encompassing everything from textile and apparel brands to wholesalers, importers and retailers. Over a trillion dollars is spent annually on apparel and footwear around the globe, with nearly $370 billion spent here in the United States.

– [above text] Joint Economic Committee, United States Congress | Ranking Democrat Carolyn B. Maloney

Read more, click the-new-economy-of-fashion—-joint-economic-committee-final-lp- for PDF Report.