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Garment factories in Honduras feel the chill from US economy. Orders down after $2.8 billion exports last year

Wednesday, September 7, 2011


Leaders of the garment industry in the free zones of Honduras are feeling the impact of economic stagnation in the United States.

“Exports are falling because the US market isn’t providing enough orders, said Daniel Facussé, president of the nation’s assembly plants (maquiladoras) association.

Garment exports reached $2.8 billion last year, with 100 percent of it sold to the United States.

 

 

Original source (in Spanish): La Tribuna