Domestic Apparel Shipment Growth Slows, Textile Shipments Drop in February

Domestic apparel shipments grew at double-digit rates for the seventh month in a row in Febuary, increasing 12% to $1.4 billion, helped by a US retail apparel market that increasingly values the ability to replenish inventory on a more accurate and timely basis. However, the rate of increase was the smallest in the past seven months. 

Textile mill shipments fell for the fifth month in a row, dropping almost 7% to $2.5 billion. Textile product shipments rose 3% to $1.9 billion.

Apparel manufacturing shipments rose 12% to $1.5 billion on a smoothed annualized basis. Wholesale apparel shipments increased 7% to $11.5 billion. The Inventory to Sales Ratio rose slightly for apparel manufacturing and textile milles, but fell for textile products and wholesale apparel in the past month.

Sales $ Feb-12 Jan-12 Feb-11
Apparel Manufacturing 1,438 1,469 1,243
Textile Mills 2,485 2,519 2,626
Textile Products 1,894 1,905 1,843
Wholesale Apparel 11,523 11,480 11,034
Inventory $ (EOM)      
Apparel Manufacturing 2,750 2,735 2,377
Textile Mills 3,604 3,621 3,333
Textile Products 3,040 3,125 2,911
Wholesale Apparel 21,864 22,698 19,735
Inventory to Sales Ratio      
Apparel Manufacturing 1.91 1.86 1.91
Textile Mills 1.45 1.44 1.27
Textile Products 1.61 1.64 1.58
Wholesale Apparel 1.90 1.98 1.79