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JULY IMPORTS REACH HIGHEST LEVELS IN HISTORY

 JULY IMPORTS REACH HIGHEST LEVELS IN HISTORY
 WASHINGTON, Sept. 17 /PRNewswire/ -- More textile and apparel


imports entered the United States in July than any previous month in history, according to Commerce Department figures released Sept. 17.
 Foreign manufacturers shipped 1,374,800,000 square meters equivalents of textile and apparel in July for back to school and the fall season, eclipsing the previous record of 1,332,000,000 set in January.
 "This is not a surge of imports, this is a flood," said M.L. Cates Jr., president of the American Textile Manufacturers Institute.
 "This is the 11th consecutive record-breaking month," Cates said. "Even the government must recognize that we've got a trend here."
 Cates called on the United States to employ provisions of the Multifiber Arrangement which allow the introduction of import restraints where there has been market disruption: "The government trade statistics show that at least half of this year's increase is not under MFA quotas and should be put under controls without further delay."
 Cates added that the startling import increases were but a sample of what may come if the flawed textile section of the proposed Uruguay Round of international trade negotiations is ever approved.
 "The administration must keep its eye on the ball. Any talk of real economic recovery is just so much hot air unless we have a trade policy with teeth in it, a trade policy that supports American manufacturers and American jobs and does not allow our standard of living to be eaten alive by imports," Cates said.
 A summary of the Commerce Department figures follows:
 U.S. TEXTILE AND APPAREL IMPORTS
 (million sme)
 July Pct (YTD) Jan.-July Pct.
 1992 1991 Chg. 1992 1991 Chg.
 TEXTILES 657.9 566.7 16.1 4,310.2 3,625.6 18.9
 APPAREL 716.9 617.7 16.1 4,100.6 3,445.1 19.0
 TOTAL 1,374.8 1,184.4 16.1 8,410.8 7,070.7 19.0
 TEXTILES BY PRODUCT
 Yarn 126.1 94.2 33.9 755.8 522.0 44.8
 Fabric 337.5 293.1 15.1 2,300.2 1,958.1 17.5
 Misc. 194.3 179.4 8.3 1,254.2 1,145.5 9.5
 TOTAL 657.9 566.7 16.1 4,310.2 3,625.6 18.9
 TOTAL BY FIBER
 Cotton 653.7 514.2 27.1 4,004.5 3,166.3 26.5
 Wool 25.3 22.4 12.9 94.3 76.7 22.9
 MMF 641.1 598.6 7.1 4,003.7 3,587.4 11.6
 Other 54.7 49.2 11.2 308.3 240.3 28.3
 TOTAL 1,374.8 1,184.4 16.1 8,410.8 7,070.7 19.0
 U.S. TEXTILE AND APPAREL TRADE BALANCE
 (million customs $)
 IMPORTS July Pct. Jan.-July Pct.
 1992 1991 Chg. 1992 1991 Chg.
 Textiles 714 634 12.5 4,608 3,913 17.8
 Apparel 3,368 2,773 21.4 17,330 14,021 23.6
 TOTAL 4,081 3,407 19.8 21,938 17,933 22.3
 EXPORTS July Pct. Jan.-July Pct.
 1992 1991 Chg. 1992 1991 Chg.
 Textiles 434 423 2.7 3,351 3,119 7.4
 Apparel 318 256 24.3 2,268 1,742 30.2
 TOTAL 752 678 10.8 5,619 4,861 15.6
 BALANCE July Pct. Jan.-July Pct.
 1992 1991 Chg. 1992 1991 Chg.
 Textiles -280 -212 32.0 -1,257 -794 58.4
 Apparel -3,050 -2,517 21.1 -15,063 -12,279 22.7
 TOTAL -3,330 -2,729 22.0 -16,320 -13,073 24.8
 -0- 9/17/92
 /CONTACT: Christopher Bonner of the American Textile Manufacturers Institute, 202-862-0553 or, home, 703-356-9594/ CO: American Textile Manufacturers Institute ST: District of Columbia IN: TEX SU:


BN-BR -- AT012 -- 0738 09/17/92 14:10 EDT
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Date:Sep 17, 1992
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