A Prediction of U.S. Knit Apparel Demand: Making the Case for Reshoring Manufacturing Investment in New Technology

Karis Foster

Abstract


Purpose: To demonstrate the demand of knit apparel products, and make a case for implementation of new knitting technologies to further bolster the U.S. reshoring movement.
Design/methodology/approach: time-series analysis with ARIMA forecasting model
Findings: A positive relationship of several knit apparel imports, explaining the consumer demand for these product categories and the need for investment in these areas.
Originality/Value: Knit apparel imports have not been studied in the past, as well as connected with a claim for investment of technology

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