Study Released: Economic Impact of Recycled Commodities

An article in E-Scrap News, cited an analysis that concluded more than 134,000 jobs in the U.S. are in some way supported by recycled commodities exports.  The analysis was a study commissioned by the Institute of Scrap Recycling Industries (ISRI) to research the economic impacts of scrap recycling.

According to the study, export numbers show U.S. recovered commodities exports generate $28.85 billion in total economic benefits. More than 40,600 direct jobs, 42,600 supplier jobs and 51,100 induced jobs are supported by those exports (induced refers to re-spending by employees of industry and supplier firms).  Of those directly employed in the recycled commodities exports business, more than 38,800 are recycling companies and 1,800 are brokers, according to the research. They pay an average wage of $75,934 per year.

To see the article with links to the study, click here.