Professional fireworks can now be approved by private agencies, not just the government
What happened
The US government wants to let private companies approve more types of professional fireworks. This means fewer fireworks will need direct government approval, speeding up the process for manufacturers.
Why it matters
For years, the government directly approved most professional fireworks, which was a slow process. This change means private agencies can now handle a wider range of these approvals. It shifts some of the regulatory burden from the government to these private certification agencies.
The signal
Watch whether the number of new professional fireworks designs approved each year increases, and if the time it takes to get them approved decreases.