MEXICO: Footwear, Clothing And Textile Exports To US On The Slide
Mexican footwear, textiles and clothing exports began to feel the effects of softer demand in the US this month National Clothing Industry Chamber official Raul Garcia said. And the Mexican footwear industry association Camara Nacional de la Industria del Calzado (Canaical) believes the US recession in 2001 will adversely affect 30 per cent of Mexico's 6,050 shoe companies, with growth expectations plummeting from 15 per cent to just eight per cent.
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