MEXICO: Textile Industry Suffers As US Economy Slows Down
The Mexican textile industry has been the sector worst hit by the US economic slowdown. Five thousand jobs in the area have already been lost as exports dry up. The clothing chamber of commerce in Mexico has stated that there are 13,500 companies working in the sector with 3,018 members of the national textiles chamber. The sector employs 700,000 workers full-time.
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