ECONOMIC IMPACT

From our homes and workplaces to our schools, shopping districts, public transportation, and beyond, the essential role of the recycling industry is everywhere. So much of our way of life is touched by recycling, and this of course includes the economic might of the industry, and its impact.

To paint a clear picture of the industry’s varied role in the economy, ISRI commissions an annual Economic Impact Study by John Dunham and Associates that examines different kinds of economic activity – jobs and exports – and both direct and indirect economic impacts at the national, state, and congressional district levels.

ISRI’s 2021 Economic Impact Study highlights the numerous economic and environmental benefits of the U.S. recycling industry.

ISRI members, contact Joe Pickard, ISRI’s chief economist and director of commodities, for a report of your company’s economic impact!

 
Economic Impact of Recycling
U.S. Jobs Supported by Recycling
 

Currently, 159,640 jobs are directly supported by recycling and brokerage operations of the recycling industry in the United States. These jobs pay an average of $77,300 in wages and benefits to American workers and local communities throughout the country.

In addition, 346,499 jobs throughout the U.S. economy are indirectly supported by the recycling industry through suppliers and the indirect impact of the industry’s expenditures.

Recycling’s Role in American Manufacturing
 

Recycling is the first link in the manufacturing supply chain. Each year, the industry supplies manufacturers with commodity-grade recyclable metals, paper, plastics, glass, and rubber as feedstock for the production of new materials and goods. These efforts decrease our reliance on virgin materials and protect our limited natural resources.

Annually, the U.S. recycling industry supports nearly 8,000 manufacturing jobs, and provides an overall economic impact of more than $53 million to the manufacturing sector.

Recycling’s Impact on U.S. Taxes and Wages
 

The industry generates about $4.97 billion in state and local revenues annually, revenues that are used to help communities and people throughout the country. Another $7.33 billion in federal taxes are paid annually by the industry and its employees.

America’s Transportation Infrastructure Relies on Recycling
 

From our cars, and roadways, to our bridges, train stations, airports, and more, America’s transportation system relies on the work of the recycling industry.

In fact, recycling supports more than 8,700 transportation jobs and has an overall economic impact of $29 million on the U.S. transportation industry.

Recycling is Essential to Agriculture
 

When it comes to agriculture, recycling plays an important role by providing the industry with many of the elements included in equipment used. Additionally, recyclers support agriculture by purchasing goods like lunch each day!

The U.S. agriculture industry directly benefits from the efforts of the recycling industry. More than 2,500 jobs are provided by recycling as well as a total economic impact of $25 million.

The study looks at the for-profit U.S. recycling industry, consisting of all operations from both privately held and publicly traded firms engaged in the processing and brokering of recycled commodities.

What is the Economic Impact in your area?

Discover the national, state, and local economic impact of the scrap recycling industry by using the interactive map and database below.

 

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