2010 Retrospective: Charting the Recovery
One of the many lessons learned in 2010 was this: Economic recovery is a slow process.
To be sure, there were signs of success in the California apparel and textile industries. Imports surged and retail picked up—particularly in the ramp up to the holiday season.
But other economic indicators were not so bright. Although retail real estate showed signs of growth after a very challenging 2009, activity was largely confined to traditionally hot retail neighborhoods. And although apparel and textile employment remained lean, the job attrition rate appears to have slowed considerably since last year.
This week, California Apparel News editors look at key economic indicators to chart the recovery.
For full coverage:
Retail Sales Specialty Chains: Zumiez, Gap
Textile and Apparel Imports and Exports: Growing Consumer Demand Fuels Import Uptick
