ISRI 2019 Yearbook Elucidates on Thriving U.S. Recycling Industry

The recycling industry contributes to the U.S. economy in terms of employment, tax generation and overall economic benefit.

SEATTLE (Scrap Monster): Washington-based Institute of Scrap Recycling Industries (ISRI) announced release of its annual recycling industry handbook, which details on different industry aspects and provides in-depth and comprehensive information on various scrap commodities.

In accordance with the 2019 edition, a total of 138 million metric tons of recyclable materials were processed in the U.S. in 2018. The volume of iron and steel scrap processed were 72.40 million metric tons, whereas the processed paper scrap volumes totalled 47.80 million metric tons. The quantity of materials recycled in the country accounted for savings of approximately 400 million tons of greenhouses.

The recycling industry contributes to the U.S. economy in terms of employment, tax generation and overall economic benefit. The country’s recycling industry generated $109.78 billion in economic activity in 2018, representing 0.54% of the nation’s total economic activity. It was responsible for 531,510 jobs, including 164,154 direct jobs. The industry and its employees paid $7.96 billion in federal taxes. In addition, recycling facilities generated $4.94 billion in state and local tax revenues.

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