Chris Jake

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Fashion, apparel, textile, merchandising, garments

Published in: Business, Lifestyle
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  • Remember To Read Bullets and Then Explain Talk Slowly to be Understood
  • Chris Jake

    1. 1. Is U. S. Cotton Still King In The Textile Market? Jake Jones Agricultural Economics – University of Georgia Chris Worsham Agricultural Economics – University of Georgia
    2. 2. U. S. Textile Market Share Is Declining <ul><li>Domestic consumption is increasing </li></ul><ul><li>U.S. Cotton input is decreasing </li></ul><ul><li>Textiles contribute $40 billion to economy </li></ul><ul><li>South depends on the textile industry </li></ul><ul><li>Textile mill jobs are reducing </li></ul>
    3. 3. Decline Caused By Introduction of Man-made Substitutes <ul><li>Substitutes are cheaper to produce </li></ul><ul><li>Man-made fibers are more durable </li></ul><ul><li>Amount of cotton mill input is constant </li></ul><ul><li>Amount of man-made fibers is increasing </li></ul>
    4. 4. Percentage Use of Cotton and Man-made
    5. 5. Market Share Lost to Foreign Mills <ul><li>Domestic mill production is not increasing </li></ul><ul><li>Textile imports are increasing </li></ul><ul><li>US is losing share of domestic supply </li></ul>
    6. 6. Market Shares Between Domestic and Imports
    7. 7. Conclusions <ul><li>US cotton mill loss of market share </li></ul><ul><li>Domestic consumption increasing </li></ul><ul><li>Use of man-made fibers increasing </li></ul>
    8. 8. Recommendations <ul><li>Find out why US mills are losing competitiveness </li></ul><ul><li>Domestic mills should increase use of blended fibers </li></ul>

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