RISE EXPECTED IN IMPORTS' SHARE OF US MARKET

The United States' loss of apparel jobs to overseas firms - 400,000 since 1973 - ``has slowed,'' says Karl Priestland, chief economist for the American Apparel Manufacturers Association. The nation still has 1 million of these workers. The previously fast-growing import share of the US market was held to about 52 percent during both 1987 and 1988 - a very recent downward statistical revision from 57 percent, Mr. Priestland says.

But it is too early to cheer, says Herman Starobin, director of research for the International Ladies' Garment Workers union. Both apparel sales and the share of imports will be up this year, he says.

You've read 3 of 3 free articles. Subscribe to continue.
QR Code to RISE EXPECTED IN IMPORTS' SHARE OF US MARKET
Read this article in
https://www.csmonitor.com/1989/1017/fsewa.html
QR Code to Subscription page
Start your subscription today
https://www.csmonitor.com/subscribe
CSM logo

Why is Christian Science in our name?

Our name is about honesty. The Monitor is owned by The Christian Science Church, and we’ve always been transparent about that.

The Church publishes the Monitor because it sees good journalism as vital to progress in the world. Since 1908, we’ve aimed “to injure no man, but to bless all mankind,” as our founder, Mary Baker Eddy, put it.

Here, you’ll find award-winning journalism not driven by commercial influences – a news organization that takes seriously its mission to uplift the world by seeking solutions and finding reasons for credible hope.

Explore values journalism About us