News Source: furnituretoday.com
Blog: ISPA takes big step forward with changes to its reports
News Source/Courtesy: furnituretoday.com

Courtesy: David Perry/News Source: furnituretoday.com

The International Sleep Products Assn. has taken a major step forward with the important changes it has implemented with its new quarterly bedding reports.

For the first time, ISPA is aggregating figures for U.S.-produced mattresses, stationary and motion foundations with the figures for imports for those same products. The result is a look at the “total market of mattresses, stationary and motion foundations.”

Previous reports lacked that comprehensive view and were thus less useful to industry analysts.

I welcome the new format. It’s one that I have been advocating for some time, and it’s one that ISPA has been wanting to make as well. Now, finally, we have quarterly reports that reflect the performance of the total bedding market.

What is striking to me, as I scan the neat lines of figures for domestic and imported products, is the fact that there are several bedding markets that are performing in very different ways. Domestic producers are losing ground, while importers are making major gains.

The ISPA figures show that the domestic bedding market is down. U.S.-assembled mattress units were down 11.3% in the first quarter, while U.S.-assembled stationary foundations were down 24.6% in units.

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News Source: furnituretoday.com

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