Posted by: Mr. Chain | March 14, 2012

Plastics and the US Economy


A Few Fast Facts on Plastics and the Economy

 

 

  • The plastics industry is the third largest manufacturing industry in the United States, providing significantly to the nation’s economy.
  • The U.S. plastics industry employs more than 1 million workers.
  • The U.S. plastics industry creates $327 billion in annual shipments.
  • There are nearly 18,500 plastics facilities in the United States.
  • The plastics industry has a presence in every state.
  • Since 1980, U.S. plastics industry shipments have grown 3.4 percent per year.
  • Over the past 26 years, productivity in plastics manufacturing has grown 2.3 percent per year, which is faster than productivity growth for manufacturing as a whole.

The above information came from the SPI Plastics Data Source, which also includes individual state data.

Til Next Time,


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