Federal Reserve: Virginia textile output drops13,194 Virginians, most all of them from Southwest and Southside, lost their textiles jobs last year. Here I thought the furniture manufacturing sector had the biggest problems.
Danville Register and Bee
Data released by the U.S. Federal Reserve showed the U.S. Textile Mill output fell by 12.1 percent in 2007 with Virginia being one of the hardest hit states.
The data reported that Virginia had a loss of 13,194 textile and apparel manufacturing job losses, a decline of 51 percent, according to the U.S. Bureau of Labor Statistics.
The drop in output was the largest since 1972 when the U.S. government first began publishing output data on the topic.
Since its peak in December 1997, U.S. Textile Mill output has plunged 44.85 percent. (link)
Sure hope those hiking trails that we've invested in so heavily start producing a job or two soon.