Southern Textile Association and Fiber Buyers 2016 Joint Meeting June 21, 2016 General Session
Value of Shipments 2015 Value of Shipments $76 Billion for Textiles, Apparel, & Manufactured Fibers $80 $76.0 $75.5 $74.7 $74.2 $73.6 $75 $71.0 $70 $66.9 $65 $60 2009 2010 2011 2012 2013 2014 2015 Value for 313 Textile Mills, 314 Textile Product Mills, 315 Apparel, and 32522 Artifical & Synthetic Fibers and Filaments Source: Census Bureau Annual Survey of Manufactures. 2014 data for NAICS 32522 used to compute 2015 figure.
2015 Value of Shipments Con’d Value of Shipments in $ Billions by Category $8.2 313 Textile Mills $13.9 $30.7 314 Textile Product Mills 315 Apparel 32522 Artificial & Synthetic Fibers & Filaments $23.2 Source: Census Bureau Annual Survey of Manufactures. Data for NAICS 32522 is for 2014 b/c 2015 data is n/a.
2015 Employment 579K Jobs in Textile Supply Chain in 2015 25.6 313 Textile Mills Jobs in 116.4 67.8 Thousands 314 Textile Product Mills 315 Apparel 116.3 Cotton Farming & Related Industry 116.4 Wool Growing & Related Industry 32522 Artificial & Synthetic Filaments & 136.8 Fibers Sources: Bureau of Labor Statistics, Dept. of Agriculture, Nat’l Cotton Council, and American Sheep Ind. Assoc.
Exports of Fiber, Textiles & Apparel Trend for U.S. Exports of Fiber, Textiles, and Apparel in $ Billions Total = $30 $27.75 B $24.4 $23.7 $23.7 $25 $22.7 $22.4 $19.7 $20 $16.6 $15 $8.5 $10 $6.3 $5.8 $5.7 $4.5 $4.0 $3.5 $5 $0 2009 2010 2011 2012 2013 2014 2015 Textile & Apparel Cotton, Wool, & Other Fine Animal Hair Sources: U.S. Dept. of Commerce and U.S. Int’l Trade Commission. Man-made fibers in Textile & Apparel data.
2015 Exports Cont’d 2015 Exports $27.75 Billion – Breakout by Category in $ Billions $4.0 $6.1 Cotton, Wool & Fine Animal Hair Yarns $4.9 Fabrics $3.7 Made-Up Articles Apparel $9.0 Source: U.S. Department of Commerce and U.S. International Trade Commission
Capital Investment Capital Investment in U.S. Textile Manufacturing Up $838 Million in Last 6 Years – Data in $ Millions $2,000 $1,798 $1,558 $1,600 $1,236 $1,215 $1,112 $1,200 $960 $800 $405 $361 $323 $293 $287 $248 $400 $0 2009 2010 2011 2012 2013 2014 313, 314 Textile Mills and Textile Product Mills 315 Apparel Source: U.S. Census Bureau Annual Capital Expenditures Survey (ACES)
Policy Review
TPP • TPP objectives achieved – Yarn-forward rule of origin mirrors NAFTA/CAFTA – Duties for most sensitive items phased out over 10-12 years – Most sensitive items for Western Hemisphere covered by yarn-forward and afforded 10-12 year tariff phase-outs – Customs language captures the stronger enforcement provisions from previous agreements • NCTO endorsed agreement in January
TPP Congressional Outlook • Congress will have a very limited agenda between now and November’s general election – Only 30 legislative days scheduled from now until the election • A lame duck session of Congress is scheduled for late November through mid-December • Will the newly-elected President ask Congress to vote on TPP during the lame duck?
TTIP: Status & Challenges • The US & EU are holding quarterly negotiating rounds – Next round scheduled for July 11-15 in Brussels • Unlikely that an agreement can be reached during Obama presidency • EU favors a fabric-forward rule of origin instead of yarn-forward • EU is pressing for access to U.S. military contracts
Defending the Berry Amendment • Berry Amendment Textile Coalition defeated attack on Berry – NCTO, NCC, AFMA, ASI, SCMA, GAM, USIFI, AAFA and others in coalition that preserved Berry • Opponents tried to raise contract threshold to trigger Berry from $150,000 to $500,000 in both FY 2016 & 2017 NDAA • If threshold had gone to $500K, almost 20 percent of Berry contracts would have been exempt; roughly $340 million • New attack on Berry in Senate NDAA bill; effort to exclude certain “commercial items” from Berry coverage
RFT-MII • DoD launched Revolutionary Fibers and Textiles Manufacturing Institute of Innovation on April 1, 2016 • Government and private sector initiative to accelerate next generation of textiles • Consortium led by MIT selected as hub • Total funding expected to be roughly $320 million
Public Relations Campaign
Industry Partners • American Fiber Manufacturers Association • The National Cotton Council • The Industrial Fabrics Association International • Glen Raven, Inc.
Campaign Objectives • Paint an accurate picture of the 21 st century U.S. textile and apparel industry • Correct outdated and misleading impressions of the industry • Establish a baseline appreciation for the industry as a major employer, investor, innovator, and competitor in the global market
Video
How to Contribute to Campaign • Campaign open to trade associations, organizations and companies willing to contribute $$$ • Please contact NCTO President & CEO Auggie Tantillo for further details at (202) 822-8025 or atantillo@ncto.org
Thank you!
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