The Federal Trade Commission sets guidelines that restrict when a product can be labeled "Made in USA." These labels are not preapproved by the FTC and are only investigated after complaints are made.
FTC rules for a "Made in USA" label
For a product to be called Made in USA, or claim to be of domestic origin ... the product must be "all or virtually all" made in the United States.
Products that contain small amounts of foreign material or processing can be labeled "Made in USA" if those materials are not significant parts of the final product or make up a significant cost of the product's processing; this also extends to the product's base materials; for example, a computer with a "Made in USA" label can use imported steel in the CD drive, but a wrench that was made in the United States with imported steel cannot be labeled "Made in USA."
FTC rules for an "Assembled in USA" label
A product that includes foreign components may be called "Assembled in USA" ... when its principal assembly takes place in the United States and the assembly is substantial.
A product cannot be labeled "Assembled in USA" if it is made up entirely of imported material and was simply put together in the United States by doing what the FTC calls a "screwdriver assembly."
Source: U.S. Federal Trade Commission
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THE WEEK THAT WAS
WINNER: Florida homeowners
The latest figures show the number of sales and median prices up significantly from this time last year, in Florida and the Tampa Bay area.
LOSER: Citizens Property Insurance
Interim president Tom Grady rolled up almost $10,000 in travel expenses in less than two months.
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Looking ahead: Where's the economy headed? GDP numbers will be released Thursday.