Economy

Chart: How much plastic the world has produced since 1950

Adapted from Geyer et al., 2017, "Production, use, and fate of all plastics ever made," Science Advances; Chart: Axios Visuals

Plastics are increasingly hardwired into the global economy, from shipping to building to computing.

Key stat: In 65 years, we've gone from producing very little plastic to more than 400 million metric tons in 2015.

Go deeper: The global plastic problem is even bigger than you think

CEO confidence drops for the 5th straight quarter

JPMorgan Chase & Co. CEO Jamie Dimon speaks during the Business Roundtable CEO Innovation Summit in Washington, DC on December 6, 2018
JPMorgan CEO Jamie Dimon speaks at the Business Roundtable CEO Innovation Summit last year. Photo: Jim Watson/AFP via Getty Images

Overall economic confidence of the CEOs of some of the country's top companies has dipped another leg lower, according to the latest survey by the Business Roundtable of 127 chief executives. This barometer of CEO optimism hasn't seen a quarter-over-quarter increase since it hit a record high over a year ago.

Why it matters: The trade group that represents the biggest companies in the U.S. attributed the slump in confidence to "unease about the direction of U.S. trade policy and uncertain prospects for global growth." If the concerns reflected in the survey do result in reined in spending and hiring, it could be bad news for an economy that's already feared to have seen its best days.