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Total Consumer Credit Up 7.7% Year over Year

According to the National Association of Manufacturers (NAM) Monday Economic Report for this week, U.S. consumer credit outstanding rose at an annualized rate in July to 6.2%, slowing from the 10.2% gain in June. Revolving credit, which includes credit cards and other credit lines, jumped 11.6% in July. Revolving credit has risen 14.3% over the […] The post Total Consumer Credit Up 7.7% Year over Year appeared first on International Sleep Products Association | ISPA . ...

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New Mandatory CPSC Crib Mattress Safety Standard Goes Into Effect

As previously reported, the Consumer Product Safety Commission (CPSC) issued a final rule establishing a mandatory safety standard for crib mattresses in February of this year. That standard became effective on August 15, 2022. The new mandatory standard, which went into effect on August 15, 2022, is focused on reducing the risk of injuries related […] The post New Mandatory CPSC Crib Mattress Safety Standard Goes Into Effect appeared first on International Sleep Products Association | ISPA . ...

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Make Certain Your Imports Meet All Appliable CPSC Labelling and Certificate of Compliance Requirements

The U.S. Consumer Product Safety Commission (CPSC) is actively enforcing CPSCs labeling and certification requirements with regard to imported consumer products subject to mandatory CPSC standards, including the mattress flammability standards codified at 16 CFR Parts 1632 and 1633. It is common for inspections to be conducted at the port of entry. CPSC co-locates investigators […] The post Make Certain Your Imports Meet All Appliable CPSC Labelling and Certificate of Compliance Requirements appeared first on International Sleep Products Association | ISPA . ...

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Consumer and Producer Prices Decelerate for July

According to the National Association of Manufacturers (NAM) Monday Economic Report for this week, the Consumer Price Index has risen 8.5% over the past 12 months, pulling back from 9.1% in June, which was the fastest since November 1981. Core inflation (which excludes food and energy) increased 5.9% YoY in July. Compared to last month, […] The post Consumer and Producer Prices Decelerate for July appeared first on International Sleep Products Association | ISPA . ...

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CertiPUR-US Will Prohibit Stannous Octoate From Certifiable Foams

CertiPUR-US has announced that it will not certify foams submitted for certification that contain stannous octoate, a tin catalyst that can be used in the production of flexible polyurethane foam. The announcement comes after the European Union determined that a broader class of chemicals, including stannous octoate, may damage the unborn child, which CertiPUR deems […] The post CertiPUR-US Will Prohibit Stannous Octoate From Certifiable Foams appeared first on International Sleep Products Association | ISPA . ...

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Federal and State Efforts Would Require Companies to Report Environmental Performance

Many U.S. companies would be required to issue public reports on their environmental performance under new rules proposed by the U.S. Securities and Exchange Commission (SEC) and a bill now pending in the California legislature. As we previously reported, the SEC issued proposed rules in May that would require publicly traded companies to provide certain […] The post Federal and State Efforts Would Require Companies to Report Environmental Performance appeared first on International Sleep Products Association | ISPA . ...

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Governor Carney Signs Delaware Flame Retardant Bill Into Law

Delaware Governor Carney signed HB 77 into law on August 4th. As previously reported,the bill as initially introduced last year would have limited the use of certain chemical FRs, including antimony, to 1,000 ppm per component in mattresses, childrens products, and residential upholstered furniture. Earlier this year, ISPA persuaded the bills sponsor to amend his […] The post Governor Carney Signs Delaware Flame Retardant Bill Into Law appeared first on International Sleep Products Association | ISPA . ...

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