CARE has released California Stewardship Program results for Q2 2020. Despite the major impact of COVID-19 in Q2, the overall recycling rate held at 19.8%, essentially flat from Q1’s 19.9%. Calculation of the recycling rate is driven by both recycled output and sales of new carpet. Sales of new carpet were down to 14.4M square yards – an historic low. This follows an already weaker than expected Q1. Both recycled output and sales were down approximately 16%.
CARE Executive Director Bob Peoples noted “While the recycled output is a significant drop, it is actually better than expected, given the economic shutdown in key markets. According to CARE’s forecast, it looks like Q3 will show the beginning of a slow recovery. In addition, one major capacity project is expected to come online.”