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mahatmakanejeeves

(60,964 posts)
Wed Aug 24, 2022, 04:32 PM Aug 2022

America's trash flow isn't signaling a recession, CEO explains

Yahoo Finance

America’s trash flow isn't signaling a recession, CEO explains

Luke Carberry Mogan
Wed, August 24, 2022 at 12:41 PM

The U.S. economy has been giving off mixed signals lately, leading some to consider unusual indicators including men's underwear, champagne sales, and even trash.

According to one company that handles American waste, trash trends do not lie.

"I would say, no," Republic Services CEO and President Jon Vander Ark said on Yahoo Finance Live (video above) when asked if trash demand signaled the economy is in a recession.

"We are supply constrained right now — our demand is incredibly strong across all markets," Vander Ark added. "And we see that from the consumer all the way to industrial and large national accounts. The demand is very, very strong."

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