Industry NewsInflation: The Overstaying GuestJune 5, 2023 The market is currently anticipating a 25 basis point Fed funds rate hike at the June 14th Federal Open Market Committee meeting, with a 64.2% probability according to the CME FedWatch Tool. |
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Industry News
PLASTICS Members Are Great Employers
February 6, 2023 Of the 22 plastics companies named Plastics News Best Places to Work for 2023, more than a third are members of the Plastics Industry Association (PLASTICS), and we want to take this opportunity to congratulate them. -
Future Leaders
Engineering Positive Impacts Throughout the Americas
January 30, 2023 PLASTICS member companies have a lot of bright people focused on achieving and promoting sustainability. Tiffany Fisher of Chevron Phillips Chemical (CPChem) is one of those people. As Americas Sustainability Advisor, Tiffany is responsible for supporting CPChem sustainability initiatives across the region. -
Industry News
Consumers Rein in Spending…Again…in December
January 24, 2023 The advanced monthly retail sales estimates for December recently released by the U.S. Census Bureau showed another month of pullback in monthly consumer spending. -
Industry News
The U.S. Plastics Industry in 2022 in Seven Charts
January 4, 2023 The U.S. plastics industry continued to grow in 2022 against the backdrop of weaker domestic and global economic growth. All told, demand for plastics and plastic products stayed stable in 2022. -
Future Leaders
A Different Kind of Cable Guy
December 20, 2022 Joe Maglich works with wire and cable customers to identify ways of adding value, growing businesses and solving problems. “I find real joy in solving technical problems,” Joe said, “and simultaneously building relationships with the intelligent, friendly and down-to-earth colleagues and customers you find in the plastics industry.” -
Industry News
Federal Reserve Signals Further Monetary Policy Tightening
December 20, 2022 The Federal Reserve raised the economy’s benchmark interest rate by 50 basis points (bps) at the Federal Open Market Committee’s final meeting in December of this year. The move takes the federal funds rate to a 4.25% to 4.50% target range, which means the U.S. prime rate is now 7.5%.