UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                              WASHINGTON, DC 20549


                                    FORM 8-K

                                 CURRENT REPORT
         PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT
                                     OF 1934

       Date of Report (Date of earliest event reported): October 23, 2003




                          AMERICAN ECOLOGY CORPORATION
                          ----------------------------
             (EXACT NAME OF REGISTRANT AS SPECIFIED IN ITS CHARTER)

           DELAWARE                      0-11688               95-3889638
           --------                      -------               ----------
(State or other jurisdiction of  (Commission File Number)   (I.R.S. Employer
 incorporation or organization)                           Identification Number)

    Lakepointe Centre I,
300 E. Mallard, Suite 300
       Boise, Idaho                                               83706
       ------------                                               -----
(Address of principal executive                                (Zip Code)
 offices)


                                 (208) 331-8400
                                 --------------
              (Registrant's telephone number, including area code)



ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS.

     (c) Exhibits.  The following exhibit is filed as part of this report:

Exhibit 99     Press Release, dated October 23, 2003, entitled "STRONG OPERATING
               PERFORMANCE DRIVES AMERICAN ECOLOGY THIRD QUARTER EARNINGS"

ITEM 9. REGULATION FD DISCLOSURE

On October 23, 2003, the Company issued a press release entitled "STRONG
OPERATING PERFORMANCE DRIVES AMERICAN ECOLOGY THIRD QUARTER EARNINGS".  The
press release, dated October 23, 2003, is attached as Exhibit 99 and
incorporated by reference herein.


This Form 8-K contains forward-looking statements related to unknown risks and
uncertainties. These risks include, but are not limited to access to capital, as
well as compliance with and changes to applicable laws and regulations, exposure
to litigation, access to insurance and financial assurances, new technologies,
competitive environment, labor issues, loss of major contracts, and ability to
economically dispose of the Oak Ridge facility.  The audited consolidated
financial statements and the notes thereto filed on Form 10-K for the year
ending December 31, 2002 contains additional risk factors and an expanded
disclosure of these risks.  When the Company uses words like "may," "believes,"
"expects," "anticipates," "should," "estimate," "project," "plan," their
opposites and similar expressions, the Company is making forward-looking
statements. These terms are most often used in statements relating to business
plans, strategies, anticipated benefits or projections about the anticipated
revenues, earnings or other aspects of our operating results. The Company makes
these statements in an effort to keep stockholders and the public informed about
our business based on our current expectations about future events. Such
statements should be viewed with caution and are not guarantees of future
performance or events. Our business is subject to uncertainties, risks and other
influences, many of which the Company has no control over. Additionally, these
factors, either alone or taken together, could have a material adverse effect on
the Company and could change whether any forward-looking statement ultimately
turns out to be true. The Company undertakes no obligation to publicly release
updates or revisions to these statements.  The above discussion should be read
in conjunction with the audited consolidated financial statements and the notes
thereto filed on Form 10-K for the year ending December 31, 2002.


SIGNATURES
----------

Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.


                               AMERICAN ECOLOGY CORPORATION
                               (Registrant)

Date:  October 23, 2003        By:/S/ James R. Baumgardner
                               James R. Baumgardner
                               Senior Vice President and Chief Financial Officer


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