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To: BGR who wrote (151242)1/1/2003 11:28:11 PM
From: Lizzie Tudor  Read Replies (1) | Respond to of 164684
 
Clothing is nearly 100% imports now, right? Shouldn't it be affected by lower dollar?

Talking gross generalities, what you buy in a store for $30 costs maybe, maybe $4. to produce. So the dollar declines and it costs $4.30. no real, material impact. Most costs of clothing are actually retail markup, which is helped by deflationary wages. Fuel costs probably affect retail more than dollar buying power, since logistics can be 20% of the item too.


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