Washington D.C.— The Plastics Industry Association (PLASTICS) has released an official analysis of the impact of Federal Reserve policy on housing and the plastics industry, authored by PLASTICS Chief Economist, Dr. Perc Pineda.
Dr. Pineda writes, “On the housing market and its relation to the demand for plastics, the outlook hinges on the trajectory of interest rates going forward. Economists and financial industry observers have debated the potential outcomes of the Fed’s monetary policy tightening cycle, with a soft landing being seen as beneficial for the housing market and the plastics industry.”
Click here to read the full analysis on the PLASTICS blog page.
The Plastics Industry Association (PLASTICS) is the only organization that supports the entire plastics supply chain, including Equipment Suppliers, Material Suppliers, Processors, and Recyclers, representing over one million workers in our $548 billion U.S. industry. PLASTICS advances the priorities of our members who are dedicated to investing in technologies that improve capabilities and advances in recycling and sustainability and providing essential products that allow for the protection and safety of our lives. Since 1937, PLASTICS has been working to make its members, and the seventh largest U.S. manufacturing industry, more globally competitive while supporting circularity through educational initiatives, industry-leading insights and events, convening opportunities and policy advocacy, including the largest plastics trade show in the Americas, NPE2024: The Plastics Show.