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    • Industry News

      PERCspective on Q2 GDP Figures

    • Industry News

      PERCspective: Latest Industrial Production and Capacity Utilization Provide Clues for Plastics

      Industrial production increased 0.2 percent in July—a 2.2 percent increase from July last year, according to the latest report from the Federal Reserve. The manufacturing output of plastics products actually edged down 0.8 percent when compared to June 2017, but held steady on a year-over-year basis—increasing 0.02 percent from July 2016.
    • Industry News

      PERCspective on July Retail Sales

      The advanced monthly sales for retail and food services in July came in at $478.9 billion—a 0.6 percent increase from June, according to the U.S. Census Report. June retail numbers were revised up, from a 0.2-percent decrease to a 0.3-percent increase from May’s figures.  
    • Industry News

      PERCspective: The Fed Raises Rates

      The Federal Reserve’s Federal Open Market Committee (FOMC) raised interest rates by 25 basis points this week, from one to 1.25 percent. What implications could this have on the plastics industry? Plastics Industry Association (PLASTICS) Chief Economist Perc Pineda offers his thoughts.
    • Industry News

      PERCspective: May 2017 Employment Situation

      The Bureau of Labor Statistics’ employment report for May 2017 showed slower job growth than expected for the nation as a whole. A closer look at the report, however, includes some bright spots, and some key insights and signals for the prospects of the U.S. plastics industry, according to Plastics Industry Association (PLASTICS) Chief Economist Perc Pineda.
    • Industry News

      PERCspective: April 2017

      The Bureau of Labor Statistics’ inflation figures for April show that the increase in the Consumer Price Index (CPI) could lead to rate hikes from the Federal Reserve later this year, but these increases should be modest and shouldn’t pose a threat to the plastics industry in the near-term.
    • Industry News

      PERCspective: The April 2017 Employment Report

      The Bureau of Labor Statistics (BLS) reported last week that the U.S. economy added 211,000 jobs in April, a larger figure than many analysts expected. Employment in plastics experienced a very minor decline in April but according to Plastics Industry Association (PLASTICS) Chief Economist Perc Pineda, the industry’s employment outlook is strong and the positive jobs report bodes well for consumer demand.
    • Industry News

      PERCspective on First Quarter 2017 GDP

      The advance estimate for gross domestic product (GDP) growth from the U.S. Bureau of Economic Analysis (BEA) came in at 0.7 percent for the first quarter of 2017. This is a slow start to the year for the economy, but according to Plastics Industry Association (PLASTICS) Chief Economist Perc Pineda, the latest figures don’t dim the prospects for growth in the U.S. plastics industry.
    • Industry News

      Snowzilla: No Match for Plastics

      I thought we’d be losing our minds by now, Day 6 of Snowzilla, the blizzard that dumped two feet of snow on the Washington, D.C. area. But we’re not, somehow?  How is that?  My husband, our two young sons and I are (literally) digging the mountains of snow outside.