The number of apparel suppliers shipping goods to the U.S. dropped sharply, decreasing more than 85 percent in the 12-month period.
There were 6,262 apparel suppliers actively sending shipments to the U.S. at the end of October, down from 43,653 a year earlier, according to a report being released today by Panjiva Inc.
The report, drawn from U.S. Customs and Border Protection data and other sources, illustrates an accelerating drop in the number of apparel suppliers. The supplier count fell to 22,099 in July, 16,969 in August and 11,513 in September. How will this bode for international trade?
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