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Winter 2022 Solid Waste Forecast Executive Summary Feb 2022 PDF Open.pdf

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Preview of Winter 2022 Solid Waste Forecast Executive Summary Feb 2022 PDF Open
🔗 Source: oregonmetro.gov
📊 Size: 1010 KB
👤 Author: sherman
⬇️ Downloads: 218

Summary

Regional waste volumes continue to grow despite economic headwinds, with inflation-adjusted GDP expected to rebound to 6.8% annualized growth for 2020 Q4. Real GDP is projected to advance 4.1% in 2022, slightly slower than last year's 5.7% annual growth rate. The COVID-19 pandemic is expected to transition to an endemic illness, with steadily rising vaccination rates and emerging therapeutics. Fiscal stimulus from pandemic-era packages has waned, and the economic impact of the Build Back Better plan is uncertain. Inflation is expected to be prolonged to the end of the year, with the Federal Reserve pivoting to a less accommodative monetary policy and potentially raising interest rates. US employment outlook remains largely unperturbed, with employment expected to fully reach pre-pandemic levels in the second quarter of 2022. Housing and construction sectors have shown resilience, but home production is likely to lower beginning this year due to expected interest rate hikes.

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Description

Regional waste volumes continue to grow despite economic headwinds, with inflation-adjusted GDP expected to rebound to 6.8% annualized growth for 2020 Q4.

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  • File Format: PDF
  • File Size: 1010 KB
  • Pages: 11
  • Language: EN
  • Author: sherman
  • Total Downloads: 218
  • Last Updated: 16 hours ago

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