Argentina Textile Sector Sheds 16,536 Jobs, Factories at Half Capacity

Argentina's textile industry reports a significant production drop, with 16,536 formal jobs lost year-over-year, accounting for 31% of total industrial job losses. The number of textile and apparel establishments fell by 517, and factories are running at half capacity. This signals deepening distress in a key manufacturing sector, likely reflecting broader economic contraction and weak domestic demand.