Clothing Prices Set To Jump

The era of falling clothing prices is ending.
Clothing prices have dropped for a decade as tame inflation and cheap overseas labor helped hold down costs. Retailers and clothing makers cut frills and experimented with fabric blends to cut prices during the recession.
But as the world economy recovers and demand for goods rises, a surge in labor and raw materials costs is squeezing retailers and manufacturers who have run out of ways to pare costs.
Cotton has more than doubled in price over the past year, hitting all-time highs. The price of other synthetic fabrics has jumped roughly 50 percent as demand for alternatives and blends has risen.
Some analysts say clothing prices will rise about 10 percent in coming months.

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  • by Anonymous on Feb 15, 2011 at 06:17 AM
    Up goes more prices.For good or bad reasons,don't really matter.There are not enough jobs in the USA,nor are all jobs paying enough hourly wages to cover most bills per family.So many now can NOT even afford the prices on Used Clothing stores.Some people with high prices at yard sales,get stuck with left overs.Now bring up clothing prices gives way to others thinking USED stuff prices can be raised.Many have said NO,I CAN'T AFFORD new or used.Sad that the greed in this country is causing more to become poor and live in poverty as prices go up.Charities can't even keep up with the big demands people have.Food that's on it's way up as well.More will be on the gov food cards,or more will not have much to eat.Now what problems can that cause?Illness.I CAN SEE THE RICH BUYING ENOUGH TO KEEP ALL COMPANIES RAISING PRICES,DOING VERY WELL.No that is not the way it will be.
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