Know what is in your environment » economy http://blog.essco-safetycheck.com Essco Safety Check - Know what's in your environment Fri, 04 Feb 2011 17:21:03 +0000 http://wordpress.org/?v=2.9.2 en hourly 1 Results of the Handmade Toy Alliance CPSIA Small Business Survey http://blog.essco-safetycheck.com/2010/03/10/results-of-the-handmade-toy-alliance-cpsia-small-business-survey/ http://blog.essco-safetycheck.com/2010/03/10/results-of-the-handmade-toy-alliance-cpsia-small-business-survey/#comments Wed, 10 Mar 2010 20:43:30 +0000 Seth Goldberg http://blog.essco-safetycheck.com/?p=278 This is a survey that was conducted by our friends at the Handmade Toy Alliance (HTA), an organization working to save small batch producers of children’s products from the CPSIA. 

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Below are the results of our survey of small batch children’s product manufacturers and retailers which we conducted this past weekend. 223 business owners participated in the survey, 135 of whom are HTA members. That means that we achieved a 95% confidence rate with a +/- 4.9% confidence interval for the purposes of describing the entire population of 420 businesses who are members of the HTA.

We’re sharing this report with congress and the CPSC in hopes that it will help guide their legislation and rulemaking. One thing this survey makes clear is that there are a lot of very low volume toymakers and children’s products manufacturers in this country who should not be overlooked.


Handmade Toy Alliance CPSIA Survey Results

Note: Revenue data was also collected and shared with congress and the CPSC but was omitted from this public version of the report for privacy reasons.

In short, this survey of business found that 49.8% are internet based retailers and 43.9% are home based manufacturers.   39.0% have been in business for 1-3 years (the CPSIA was signed into law in August 2008).  83.4% employ either the owner or 1-2 employees maximum and 66% of all these business make or sell less than 5000 total units per year.

Expect to see more details as to the potential economic impact for these business in the coming days.  In the meantime, Essco Safety Check did write up an ecomonic impact of the CPSIA, you can see that blog here.

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