By David Gill
NEW YORK–The textiles industry became one of the victims of the failing U.S. economy in 2007, as total sales for the products tracked by HFN fell by nearly 2 percent to slightly more than $19.5 billion.
The industry’s overall total represented a turnaround from 2006, when sales rose by more than 2 percent and topped the $20 billion mark. The biggest drops among the individual categories occurred in down comforters, whose sales plummeted by nearly 6 percent; sheets, down by 3.5 percent; and shower curtains, off 3.2 percent.