Value of U.S. Textile Shipments
In 2015, the value of U.S. man-made fiber and filament, textile, and apparel shipments totaled an estimated $76 billion. This is an increase of almost 14 percent since 2009.
The breakdown of 2015 shipments by industry sector shows healthy progress in the U.S. textile industry:
- $30.7 billion for Textile Mills
- $23.2 billion for Textile Product Mills
- $13.9 billion for Apparel
- An estimated $8.2 billion for Artificial and Synthetic Fibers and Filaments
US Capital Investment
The U.S. textile industry remains globally competitive due to the continued investment in the domestic industry. The industry invested $18.5 billion in new plants and equipment from 2005 to 2014. Investment is required in processes as well as product development. Recently producers have opened new fiber, yarn, and recycling facilities to convert textile and other waste to new textile uses and resins. Over the last three years, the pace of investment has increased as foreign manufacturers turn to the United States for production.
Investment in Textile Mills and Textile Product Mills has seen especially explosive growth, climbing from $960 million in 2009 to $1.8 billion in 2014 – an increase of 87 percent.