Fashion Facts

Here are some interesting facts about the fashion industry and how the industry will be growing in the future!

- The fashion industry employs about 4.7 million people: 3.6 million in retail sales, 470,000 in textile production and 573,000 in apparel production.

-The entire retail industry itself is responsible for 11.6% of all U.S. employment with almost 16 million gainfully employed

- Unemployment is currently at 5.4% and the 10 year employment outlook for the entire retail industry is projected to increase at lease 11% from its current standing

- New York features over 5,000 fashion showrooms and eight dedicated fashion schools

- Apparel is about a 180 billion dollar retail market nationwide

- The retail industry is the second largest industry in the United States

- The U.S. retail industry generates around 3.8 trillion dollars in retail sales, which is approximately $11,993 per capita according to the U.S. Census Bureau

- The jobs of fashion designers are expected to rise over the next six years as much as 12%

website link: www.stylecareer.com/fashion