Outside Market Forces Impacting the Textile Industry
Because textiles are a component part, the industry is impacted by a number of market forces. Inputs into yarn and fabrics are made from cotton and oil; therefore, factors affecting agriculture and petroleum have an impact on textile production. End uses for textiles include fashion products, both clothing and interiors; therefore, factors in those industries have an impact on textile production as well. Both clothing and interiors consumption are highly affected by the overall economic conditions of the U.S., which impacts the upstream demand for input products such as textiles. The textile industry is vulnerable to the same economic factors that impact other industries, including ...
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