Stifel Analyst Michael E. Hoffman Says Solid Waste Hasn’t Peaked

Stifel Analyst Michael E. Hoffman Says Solid Waste Hasn’t Peaked

The consensus estimate from Bloomberg is that GDP growth will be between 2.1 percent and 2.8 percent over the next three years. [...]there exists a high correlation, 78.1 percent to be specific, between U.S. GDP growth and publicly-traded solid waste volume growth. According to data from the Bureau...

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Veröffentlicht in:Waste360 2018-03-26
1. Verfasser: Hunter Kuffel
Format: Newspaper Article
Sprache:eng
Schlagworte:
Construction spending
Employees
GDP
Gross Domestic Product
Housing starts
Polyethylene terephthalate
Prices
Solid wastes
Trends
Waste management industry
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Zusammenfassung:The consensus estimate from Bloomberg is that GDP growth will be between 2.1 percent and 2.8 percent over the next three years. [...]there exists a high correlation, 78.1 percent to be specific, between U.S. GDP growth and publicly-traded solid waste volume growth. According to data from the Bureau of Labor Statistics, the number of waste collection and disposal employees has increased by 17.2 percent over the last five years. [...]a more conventional winter in 2018 could bring a slight headwind with it as well.
ISSN:2329-6984