Apparel Knitting Mills in the US Industry Market Research Report from IBISWorld has Been Updated
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This declining industry has significantly underperformed most other sectors of the economy, due to massive increases in competing imports from plant closures and downward pressure on pricing levels. In the next five years, operators will rely on new designs and niche markets to gain a competitive edge in the industry, and because most outsourcing has already occurred, future declines will be less drastic than those of the past five years. For these reasons, industry research firm IBISWorld has updated a report on the Apparel Knitting Mills industry in its growing industry report collection.
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