Bedding - Furniture

According to the National Association of Manufacturers (NAM) Monday Economic Report for this week, new residential construction activity dropped 14.4% from 1,810,000 units at the annual rate in April to 1,549,000 units in May. Single-family housing starts declined 9.2% from 1,157,000 units to 1,051,000 units, a 21-month low, and multifamily activity plummeted 23.7% from 653,000 […] The post New Housing Activity Plunges, Federal Reserve Hikes Interest Rates appeared first on International Sleep Products Association | ISPA . ...

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On Monday, June 13, U.S. Customs and Border Protection (CBP) releasedUyghur Forced Labor Prevention Act (UFLPA) operational guidance to alert importers about CBPs enforcement, which began on June 21, 2022.Importers should review the document to familiarize themselves with CBPs UFLPA procedures, priorities, and appeals processes. The UFLPA requires CBP to apply a rebuttable presumption that […] The post USCBP Releases Importer Guidance for Implementation of UFLPA appeared first on International Sleep Products Association | ISPA . ...

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As previously reported, President Biden nominated Mary Boyle, current Consumer Protection Safety Commission (CPSC) Executive Director, to fill an already running seven-year term previously filled by Commissioner Ann Marie Buerkle. Biden first nominated Boyle in 2021 and renominated her in January 2022 for the new Congress. Although delayed, Boyles nomination to become a CPSC commissioner […] The post CPSC Commissioner Nominee Mary Boyle Moves Closer to Confirmation appeared first on International Sleep Products Association | ISPA . ...

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According to the National Association of Manufacturers (NAM) Monday Economic Report for this week, manufacturing employment rose by 18,000 in May, slowing from the gain of 61,000 seen in April and marking the weakest monthly increase in over a year. Net hiring in the durable and nondurable goods sectors was 11,000 and 7,000, respectively. Through […] The post Manufacturing Employment Approaching Pre-Pandemic Level, Consumer Confidence Edges Down appeared first on International Sleep Products Association | ISPA . ...

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As previously reported, Colorado has been considering paper and packaging stewardship legislation this session (HB 22-1355). Governor Polis signed the bill into law last Friday. This is the third paper and packaging bill enacted in the country, following Maine and Oregon last year. California is also considering its own versions of this legislation this session, […] The post Colorado Paper and Packaging Bill Signed into Law appeared first on International Sleep Products Association | ISPA . ...

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The Massachusetts Environment, Natural Resources and Agriculture Committee considered, amended and approved H 988 and S 569, competing mattress recycling bills. The Committee amended both bills by adding in new language that was not previously considered and synchronizing the language so that both bills are now identical. These changes hurt industry interests and diverge from […] The post Massachusetts Joint Committee Amends and Approves Mattress Recycling Legislation appeared first on International Sleep Products Association | ISPA . ...

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Housing sales are traditionally a strong driver for mattress sales. Recent data cited in the National Association of Manufacturers (NAM) Monday Economic Report for this week, however, suggests that the U.S. housing market is softening. Existing home sales fell 2.4% from 5.75 million units at the annual rate in March to 5.61 million units in […] The post Housing Market Shows Signs of Slowing Down appeared first on International Sleep Products Association | ISPA . ...

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