WASHINGTON, DC—National Council of Textile Organizations (NCTO) Chairman David Poston, who was elected for the 2022-2023 term, delivered the trade association’s State of the U.S. textile industry overview at NCTO’s 18th Annual Meeting on May 11.
Poston’s speech outlined (1) the U.S. textile industry’s resilience and significant rebound in 2021 (2) U.S. textile supply chain, economic, trade data, and (3) NCTO’s policy achievements and priorities for domestic textile manufacturers.
A link of his remarks as prepared for delivery are included in this press statement along with a link to a data infographic prepared by NCTO illustrating the current economic status of the U.S. textile industry.
Poston is president of Palmetto Synthetics, a specialty synthetic fiber producer based in Kingstree, South Carolina.
NCTO’s annual meeting was held May 10-11 in Washington, D.C.
NCTO is a Washington, DC-based trade association that represents domestic textile manufacturers.
- U.S. employment in the textile supply chain was 530,000 in 2020.
- The value of shipments for U.S. textiles and apparel was $64.4 billion in 2020.
- U.S. exports of fiber, textiles and apparel were $25.4 billion in 2020.
- Capital expenditures for textiles and apparel production totaled $2.38 billion in 2019, the last year for which data is available.
Vice President, Communications
National Council of Textile Organizations
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