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ISPA: While sales slump, selling prices rise
Source:furnituretoday.com     November 09,2016



 

ISPA

 

While the latest quarterly report from the International Sleep Products Assn. features several negative numbers – units are down 4.7% in the third quarter and the wholesale value of bedding shipments is down 2.5%, among other declines – there is some good news for the bedding industry.

 

The ISPA report indicates that the industry continues to ship better goods, a trend also seen in the second quarter report.

 

The average unit price was up 2.3% in the third quarter, to $242.11, and it is up 3.2% for the first nine months of the year, to $238.92. In the second quarter, the average unit price was up 4.7%.

 

Bedding observers say those average unit price gains indicate the industry continues to promote and sell better goods, a positive development in what is shaping up as a very challenging year for the industry.

 

The ISPA quarterly reports present a snapshot of the performance of producers who account for a majority of unit and dollar shipments in the industry.

 

(Source: furnituretoday.com  Author: David Perry)

 

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