While the U.S. economy has seen two consecutive quarters of negative growth, the plastics manufacturing sector hasn’t started to slow down. That’s despite high inflation and rising interest rates.
In Numbers that Matter Live, Plastics News Economics Editor Bill Wood gives an update on his forecast for the rest of 2022 and highlights key plastics end markets. Wood also talks about a sign of “irrational exuberance” in the labor market related to in-person vs. virtual work.