Related Keywords: automation, business finally turning around, eleven percent increase since 2009, gained competitiveness, industry hit bottom during economic slowdown, losing market share to imports, National Council of Textile Organizations, productivity improvement, shipments of textiles and apparel increasing, technology advances, US textile and fiber makers
U.S. textile and fiber makers see their business finally turning around with shipments of textiles and apparel increasing to $74.4 billion last year, an 11% increase since 2009, when the industry hit bottom during the economic slowdown and also losing market share to imports, according to National Council of Textile Organizations (NCTO).