AAFA puts huge value on US apparel and footwear industry
08/11/2011
Asked by a member of congress earlier this year about the value of the apparel and footwear sector in the US, Mr Burke’s team calculated the value at almost $340 billion for 2010. More precisely, the value of the apparel industry was $273 billion while footwear was worth $64 billion.
“We are a massive industry,” Mr Burke said, “putting $340 billion into the US economy. Last year, the automotive industry had sales of $175 billion, fruit and vegetables $100 billion, bottled water $15 billion and alcohol $270 billion.”