March 25, 2024
5,085
114
4
2.32%
Every word spoken in this episode is indexed. Type any phrase to jump straight to the moment it was said.
Type any word or phrase that may have been spoken. Click a result to seek the player to that exact moment.
Try a name, a topic, or a quoted line
0:57Now PlayingAfter a brief pandemic-era reprieve, many of the US’s remaining textile factories that turn cotton fibers into yarn and fabric are shutting down for good.
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.
--------
Subscribe to our YouTube channel
Subscribe to Bloomberg Originals
Bloomberg Quicktake brings you global social video spanning business, technology, politics and culture. Make sense of the stories changing your business and your world.
Connect with us on…
Breaking News on YouTube
Sentinel Indexing in Progress
Metadata and chapters are available. Claim extraction for this episode is pending.
All video content is delivered via YouTube embedded players in accordance with the YouTube Terms of Service. Sentinel provides research tools that promote discovery and accountability across political media.