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America's 25 dying (and 25 thriving) industries

24/7 Wall St. Logo By Evan Comen of 24/7 Wall St. | Slide 1 of 50: > Employment growth from 2005-2014: -45.3%> Avg. annual employment growth: -6.5%> Employment total: 11,571> Avg. annual wage: $36,896While employment in the manufacturing sector has decreased by 14.3% since 2005, certain industries within the sector have been hit even harder. In the accessories and other apparel manufacturing industry, employment dropped from 21,155 workers in 2005 to only 11,571 workers in 2014, a 45.3% decline. Accessory and apparel manufacturing in the U.S. has taken a hit due in part to competition from manufacturers overseas. Domestic apparel manufacturing may not be doomed to outsourcing, however. According to industry research firm IBIS World, manufacturers abroad may not yet be equipped to produce certain clothing such as premium jeans and outerwear that are gaining popularity.

No. 25 Dying: Accessories and other apparel manufacturing

> Employment growth from 2005-2014: -45.3%
> Avg. annual employment growth: -6.5%
> Employment total: 11,571
> Avg. annual wage: $36,896

While employment in the manufacturing sector has decreased by 14.3% since 2005, certain industries within the sector have been hit even harder. In the accessories and other apparel manufacturing industry, employment dropped from 21,155 workers in 2005 to only 11,571 workers in 2014, a 45.3% decline. Accessory and apparel manufacturing in the U.S. has taken a hit due in part to competition from manufacturers overseas. Domestic apparel manufacturing may not be doomed to outsourcing, however. According to industry research firm IBIS World, manufacturers abroad may not yet be equipped to produce certain clothing such as premium jeans and outerwear that are gaining popularity.

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