The Institute of Scrap Recycling Industries (ISRI) has released an Economic Impact Study revealing that the industry accounts for nearly half a million jobs in the U.S. and generates more than $87 billion annually in economic activity. The study was performed by the independent consulting firm of John Dunham and Associates to determine the size and scope of the scrap industry in the U.S., and document its significant contribution to the economy in terms of employment, tax generation, and overall economic benefit.
“As expected, the economic impact study shows the scrap recycling industry serves as an economic driver for our country, a job creator, and major exporter,” says Robin Wiener, President of ISRI. “At a time when the national job market is fragile, the recycling industry is creating high-quality, good-paying opportunities for Americans. This in turn feeds money back into the economy through spending and revenue generated from taxes.”
