ABSTRACT
The US textile sector has undergone numerous changes. International trade in textile and apparel products has historically been subject to a comprehensive set of regulations and persistent protection. The major components of materials input for the textile mills are natural fibers and manmade fibers. Utilization of advanced technology into the textile mill sector and modernization of textile mills has stimulated structural changes in the factor demand relationships in the US textile industry. The introduction of labor-saving technology and machinery has produced large layoffs in the US textile mill sector. The textile mill sector has been concentrated on regaining competitiveness through the so-called capital deepening process. Significant increase in capital investment in new plant and equipment, especially in the 1980s, has been revolutionizing textile production with improved technology and production processes. In light of the significant changes that have been realized by the textile mill products sector, it is of interest to evaluate the stability of the estimates.
