Comparing recurrent hazardous waste generated to gross domestic product (GDP) gives us a measure of "eco-efficiency" by showing how much waste we produce compared to the dollar value of economic activity from manufacturing.
Washington State manufacturing sector GDP figures are from the U.S. Department of Commerce Bureau of Economic Analysis Regional Economic Data. The Real Dollar GDP is the total market value in dollars of all goods and services produced by the manufacturing sector within the state. Each year's Real Dollar value is adjusted for inflation or deflation. However, this indicator uses a "Current Dollar" value, unadjusted for each year. When we talk about “the Current Dollar value for 2000,” we’re talking about how much the dollar was actually worth in the year 2000. This standardizes the dollar values so you can directly compare the actual pounds of recurrent hazardous waste generated between years.
The pounds of recurrent hazardous waste generated by Washington manufacturers per dollar of manufacturing GDP continued to decrease, from 0.0054 pounds per dollar in 2000 to 0.0019 pounds per dollar in 2014. This means we created 64 percent less hazardous waste in 2014 than in 2000 for every manufacturing dollar produced.