WASHINGTON, D.C. — The Plastics Industry Association (PLASTICS) Chief Economist, Dr. Perc Pineda, has released a new economic analysis examining recent trends in plastics product manufacturing, highlighting modest production gains alongside continued pressure from elevated interest rates, trade uncertainty, and broader manufacturing cooling.
Dr. Pineda writes, “While recent indicators suggest stabilization in manufacturing activity and gradual improvement in the plastics industry, the recovery remains uneven, below its long-term trend, and highly sensitive to financial conditions. Given continued pressure on capital investment and interest-rate-sensitive end markets, interest rates may need to come down further to support a more durable and broad-based recovery in manufacturing and plastics production.”
Click here to read the full analysis on the PLASTICS blog.
About the Plastics Industry Association
The Plastics Industry Association (PLASTICS) supports the entire plastics supply chain, including Equipment Suppliers, Material Suppliers, Processors, and Recyclers, representing over one million workers in our $551 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 eighth 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, NPE: The Plastics Show.
