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Numbers that Matter

don may 2023
Livestreams
Numbers that Matter Live: Recession looking less inevitable

If Washington can work out a debt ceiling compromise, the U.S. plastics industry seems to be in good shape, thanks to an improving housing market and lower inflation, according to Plastics News Economics Editor Bill Wood.

 

 

Powell-May2023-main_i.jpg
News
Recovery may be in sight if debt ceiling talks cooperate

Bill Wood: "For now, I am inclined to stay patient, but vigilant. ... There are headwinds, but nothing to justify more dramatic action just yet."

Don and Bill
Livestreams
Numbers that Matter Live April 2023: Signs of optimism despite the gloom
PennStateBehrend-main_i.jpg
News
Data shows plastics' chronic labor shortage abating

At the peak, there were more than two openings for every unemployed worker in the U.S. As of this past February, the ratio had fallen to close to 1.7 jobs for every worker.

Don and Bill2
Livestreams
Numbers That Matter Live March 2023: Credit crunch to impact plastics
SVB-main_i.jpg
News
Bank failures complicate the picture for the US economy

Economics Editor Bill Wood: "At the present time, I am not forecasting either a soft landing or a hard landing this year. But I am not ruling anything out."

BillWood-February_i.jpg
News
Economic data is full of drama. What does that mean for plastics?

Economics Editor Bill Wood: The trick going forward is to tease out the signals from the noise. The push and pull relationship between demand and prices during the past three years will take years to understand completely.

Editor Don Loepp poses with a computer with Bill Wood.
Livestreams
Numbers That Matter Live January 2023: Expect short-term pain, strong rebound in 2024
Dupont-Tyvek-construction_i.jpg
News
Plastics companies face ‘strong headwinds’ in 2023

In 2022, the total number of house starts declined by an estimated 2 percent compared with 2021. For 2023, Economics Editor Bill Wood's forecast calls for the annual total to drop another 10-15 percent.

FederalReserve-powell-main_i.jpg
News
US plastics forecast for 2023: Slow growth, widespread volatility

Bill Wood: "It is no secret that Jerome Powell and friends are aggressively attempting to temper consumer demand in a quest to quell inflation. But do they possess the skill — or luck — to pull the rate of inflation down to an acceptable level and also avoid a contraction in overall economic activity?"

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