Connecticut’s mattress recycling law requires the industry to proposed a per unit mattress recycling fee every two years. The Mattress Recycling Council recently proposed that the state’s fee remain at its current level of $9.00 per unit. Following an independent audit to verify the fee and notification provided to the state, the fee has been approved and will remain at $9.00.
Take a look at the world of sewn covers in the September 2016 issue of BedTimes, online now at www.bedtimesmagazine.com and arriving in your mailbox this week. Once a sleepy segment of the sleep products industry, sewn covers have grown increasingly important with the rise of e-commerce. Their growth also reflects an increasing trend—manufacturers relying more heavily on suppliers for services, not to mention the desire to have tailored, designed looks. Speaking of e-commerce, BedInABox, a pioneer in the field, is continuing to stay competitive amid rising numbers of online retailers. Read more about the family-owned company in this month’s profile. In addition to these stories, learn specifics about the International Sleep Products Association’s new mission, vision and strategic plan; check out the latest from Bedding Market Quarterly; find out who now holds the world record of the longest chain of human dominoes; and catch up on what researchers have to say about the role of calcium in sleep duration. Plus, make sure to check out the industry news—from new hires to company introductions and more.
The BedTimes Supplies Guide is available in print in the December issue of BedTimes and online all year long! Check out the new, improved online Guide today!
Did you know that women are twice as likely as men to have difficulty falling or staying asleep? Take a look at the reasons behind this phenomena in part one of two in this week’s BedPost Blog.
Following two lackluster quarters so far this year, the U.S. economy nevertheless shows signs of slowly strengthening, according to this week’s Monday Economic Report released by the National Association of Manufacturers (NAM). Looking at the broader economy, NAM reports that the Bureau of Economic Analysis reduced its prior estimate for Q2 GDP to 1.1% (from 1.2% estimated earlier). The July trade deficit fell $5.2 billion, as goods exports increased by 2.9 billion.
In other news, new orders for durable goods rose 4.4% in July, but unfilled orders fell 0.1% and inventories increased 0.3% in July, possibly foreshadowing a softer August. Federal Reserve Chair Janet Yellen gave further indications that short-term interest rates will rise this year, but many think this will not occur until the Fed’s December meeting. Housing data were mixed, as July new home sales reached an almost 10-year high, pushing sales for the year up 12% over in 2015. Although the average price for an existing home has risen 5.3% year over year, existing home sales fell 1.6% in July.