Pile of Scrap

Ep. 60: Predictions for Recyclers with Jason Schenker

Written by Sierra International Machinery | 5/23/22 10:52 PM

Pile of Scrap Ep. 60: Predictions for Recyclers with Jason Schenker

Much has transpired since the last time we sat down with our favorite economist, Jason Schenker. Jason gives us an update on how the world affairs, such as the Russia/Ukraine war and the COVID-19 shut down in China, specifically affect the recycling and metal industries. With price shift and supply as a primary concern, in addition to inflation hitting labor, operational, and equipment costs, Jason tells us what he sees coming in months to come. However, in the grand scheme of things, according to the Federal Reserve Board, the US economy is still predicted to grow strong with the service consumption, fixed investments, and the employment-population ratio at incredibly high rates.

 

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John Sacco and Jason Schenker

Transcription

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