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Study Shows Scrap Recycling Industry Supports More than 450,000 American Jobs While Generating $10.3 Billion in Revenue for Federal, State and Local Governments

ISRI has released a new study highlighting the significant economic and environmental impact of the U.S. scrap recycling industry. The study, commissioned by ISRI and undertaken by John Dunham and Associates, looks at different kinds of economic activity – jobs and exports – and both direct and indirect economic impacts at the national, state and congressional district levels.

 

The economic analysis shows that the U.S. scrap recycling industry is a major economic engine powerful enough to create 459,131 jobs and generate $10.3 billion in tax revenues for governments across the country, all while making the old new again and helping to protect the earth’s air, water and land for future generations.

 

“This study illustrates very clearly that the U.S. scrap recycling industry is playing an important role in America’s economic recovery,” ISRI President Robin Wiener said. “Despite tough times, our industry is directly and indirectly putting more than 450,000 people to work while generating revenue for federal, state and local governments. All this adds up to recognition that the scrap recycling industry must be allowed to grow so it can continue to boost our economy, put people to work protect our environment and help save energy. When people think of recycling, they think of the bin at the curb when in fact our industry is a multi-billion-dollar ‘Made in America’ manufacturing success story.”

 

The U.S. scrap recycling industry is particularly important because its operations are so widespread. In fact, the total economic activity generated by scrap recycling in the United States is more than $90.6 billion, making the industry similar in size to the nation’s forestry and fishing industries combined.

 

Source: ISRI (with interactive map)

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