The economy is hitting the mattress industry pretty hard as figures from the International Sleep Products Association for mattress sales in the month of August 2008, show a decrease.

For August, the average unit selling price for the mattresses that were sold edged up 1.3 percent. For the year to date, however, the average unit selling prices dropped 2.4 percent.

A report from Longbow Research on the mattress industry indicated that mattress sales thus far in September have continued on the same weak path. Prepared by analysts Mark Rupe and Leah Villalobos, the report said the sales trends for September thus far have continued along the same lines as August. Sales during Labor Day, traditionally a high point in the retail year for mattresses, were “relatively disappointing, dampening any optimism that trends will reverse now that the major selling season is over,” the report said.

Via HFN Mag