2011 Strategic Analysis of the Textile Services Industry

Employment as the Key Indicator for Forecasting Industry Success
 
Historically the nation’s gross domestic product (GDP) has been the most intriguing macroeconomic statistic for the textile services industry to follow. We view our annual sales increases when they are greater than GDP as an indication that our performance has been superior to the economy as a whole. This builds our confidence that we are in a business-to-business niche that will continue to offer us handsome rewards in coming years.
 
However, as the industry has derived more revenue from industrial garments, increased attention has been ...

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