The remaining traces of the textile industry in the US are disappearing.
Bloomberg’s Ilena Peng reported Saturday that cotton’s “demand from U.S. manufacturers is on an unrelenting — and accelerating — decline. There were nearly 900 U.S. cotton mills operating around the time of the Chicago expo (in 1893). That number is today around 100, the National Cotton Council estimates, after eight closed in the last five months of …