Consumer spending is up, with more emphasis on services than goods. Higher interest rates corresponded with lower plastics manufacturing output, but it's unlikely the Fed will consider a lower rate while GDP decelerated. What does this mean for the plastics industry? Economics Editor Bill Wood has an idea of what could happen next.
Bill also examines U.S. manufacturing output for plastics products, durable goods and nondurable goods.
Hear what Bill has to say about the potential impact of NPE2024 in North America.