North America's largest garbage and recycling company experienced deepening pain from depressed recycling markets during the third quarter. Waste Management's recycling business brought in $245 million in revenue during the quarter, down 27% year over year, according to the publicly traded company's quarterly earnings report. That was a steeper drop than experienced during the second quarter, when revenue was down 13% year over year. During the first quarter, revenue was down 7% year over year (see Data Corner on the next page for more).
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