America's Cotton Mills are slowly disappearing

America's Cotton Mills are slowly disappearing

Since the March 25, 2024, a lot of internet users are only talking about it, the last video of Bloomberg Television is making a lot of talk since its release and could also interest you!

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For your information, you can find below the description of the video America's Cotton Mills are slowly disappearing published by the Youtube channel Bloomberg Television:

America's once-booming cotton industry is slowing disappearing.
Once so key to the plantation economy of the Deep South that politicians sometimes referred to their diplomatic strategy simply as “King Cotton,” the crop’s demand from US manufacturers is on an unrelenting — and accelerating — decline. There were nearly 900 US cotton mills operating around the time of the Chicago expo. That number is today around 100, the National Cotton Council estimates, after eight closed in the last five months of 2023 alone.

Read more: https://www.bloomberg.com/news/articles/2024-03-23/us-cotton-mills-are-closing-export-markets-remain-farmers-last-hope?utm_source=website&utm_medium=share&utm_campaign=copy&sref=hT7i0Nd8