The Plastics Industry Association (PLASTICS) Chief Economist, Dr. Perc Pineda, has released a new economic analysis examining the impact of the housing market on plastics manufacturing.
“The housing market’s persistent weakness, marked by declining housing starts and sluggish new single-family home sales, continues to cast a shadow over industrial production, particularly in the plastics manufacturing sector,” writes Dr. Pineda. “This downturn creates a ripple effect, not only curbing demand for construction supplies but also dampening consumer spending on plastic-intensive household goods.”
Click here to read the full analysis on the PLASTICS blog.
https://x.com/PLASTICS_US/status/1950639393657516437
