News

In recent comments, the Federal Reserve reiterated that it is willing to continue to increase interest rates until the threat of inflation has definitively eased. The latest comments from the Fed’s chairman made in late August, were followed by losses in several markets, including cotton.

In the U.S., consumer spending on clothing has been flat for the past year. However, it has been holding at levels that are 25% higher than they were in 2019. If U.S. consumers pull back on clothing purchases, it may hit the market just as retailers have caught up with consumer demand after the onset of the shipping crisis.

The U.S. economy was estimated to have added 528,000 jobs in July. With last month’s job growth, the count of U.S. workers fully recovered from the 22.0 million jobs lost with the onset of COVID.

Crypton, a leader in performance and upholstery fabrics, has launched a collection of cotton-rich performance fabrics for residential, luxury hospitality, and workplace interior applications. The fabrics are made with at least 50% recycled cotton and feature Crypton's innovative stain and odor-resistant technology.

Cotton may be a plant, but there’s no limit to what it can do. Cotton Incorporated works to harness the full potential of this natural, biodegradable fiber through continuous research and development. The result: innovation from farm to finished product.