2015 May Be the Year to Try Out New Fashion Brands
If you have been paying attention to the US national spending trends on clothing since 2011 you will notice that there has been some interesting changes in how the US, along with the rest of the world, shops for clothing. According to the US Department of Labor Statistics the Average Annual expenditures on Apparel shopping had been declining steadily since the 2011 annual average of $1,740 to a low point in 2013 annual average of $1,604, but in mid-2014 US apparel spending bounced back to annual average of $1,706 and is expected to continue to increase. During those same years a rebound trend was noticed in US made clothing which resulted in a 6.2% increase in sales. Along with that The American Apparel & Footwear Association (AAFA) President and CEO Juanita D. Duggan announced in January/2015, "apparel and footwear contributed a record $361 billion to the U.S. economy in 2013, a bigger contribution than new cars, alcohol, toys, or practically any other industry." So wha...