The Plastics Industry Association (PLASTICS) has released an official analysis of the impact of revised employment statistics and the policy implications on the plastics industry, authored by PLASTICS Chief Economist, Dr. Perc Pineda.
Dr. Pineda writes, “The lower employment rate in manufacturing suggests reduced manufacturing activity, which can have ripple effects both upstream and downstream. For plastics and rubber product manufacturing, the preliminary employment estimate for July was 724,000, nearly matching the monthly average of 725,300 in 2021.”
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.
