U.S. industrial output increased in March, but the gain was driven solely by an upswing in utilities caused by unseasonal temperatures, while manufacturing and mining production posted modest declines. Read more
Even at a time when the unemployment rate in the U.S. has been stuck at around 8 percent for more than 40 months in a row, U.S. manufacturing has had difficulty recruiting qualified candidates to be engineers, machinists, welders, and machine service and repair technicians. The U.S. Bureau of Labor Statistics (BLS) reports there are about 300,000-plus unfilled positions in manufacturing at this time.
Which industry is among the best at recycling? You probably wouldn’t guess “automotive.” But it’s true.
Few industries do better when it comes to recycling their products. According to Fortune, the Automotive Recycler’s Association (which Fortune notes “has been around since the 1940s”) recently released a report finding that “roughly 86 percent of the material components of U.S. cars are recycled or reused after those cars are off the road.”
That’s a recycling/reusing record any industry would be proud of.
And now that the automotive industry is getting serious about producing electric vehicles, which some people consider greener than conventional cars, their recycling will improve even more, right? Read more