The Economic Impact of the Fashion Industry - Carolyn Maloney

Feb. 6, 2015 The Economic Impact of the Fashion Industry Overview As the economy continues to grow and evolve, one of the many bright spots of our new creative economy is the Fashion Industry . With a growing number of high-value jobs that pay high wages, Fashion is now having a big Impact not only in Fashion centers on the coasts, but also in smaller cities around the country. Fashion is a $ trillion global Industry , with more than $250 billion spent annually on Fashion in the United States, according to Industry Fashion and apparel industries employ million people in the United States and have a positive Impact on regional economies across the New York City and Los Angeles are the two largest Fashion hubs in the United States, with over two-thir

and London. 19 According to the New York City Economic Development Corporation (NYCEDC), ... direct visitor spending, according to an analysis by the NYCEDC. 25. The economic benefit from Fashion Week surpasses events such as the New York City …

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