The data shows a consistent decline in the total hours worked in the US textiles and wearing apparel sector from 524 million hours in 2024 to 376 million hours in 2028. This represents a year-on-year decrease of approximately 7.25%. The compound annual growth rate (CAGR) over this five-year forecast period indicates an average annual decrease of around 8%. In 2023, the actual value was not given, but understanding past trends can help assess industry health.
Future trends to watch for include:
- Technological advancements affecting labor demand.
- Shifts in global supply chains and their impact on US production.
- Consumer preferences influencing domestic production volume.
- Potential policy changes affecting the apparel manufacturing sector.
