Prices for Glass Products and Manufacturing Increase in March

The U.S. Bureau of Labor Statistics reports U.S. Producer Prices (PPI) for glass and glass product manufacturing increased by 0.2% in March, continuing a trend that’s persisted in four of the past five months. Year-over-year, glass and glass product manufacturing prices are up 7.6%. Overall, final demand prices decreased by 0.5% in March following a revised unchanged reading in February.

The report also shows the annual growth rate of producer prices slowed to 2.7% in March from 4.9% in February. The PPI measures the average prices producers receive for domestically produced goods and services.

Glass and Glazing Material Prices

Flat Glass – Flat glass prices dropped by 0.1% in March following a revised 3.4% increase in February. Flat glass prices have declined in three of the past five months. Year-over-year, flat glass prices are up 10.6%.

Flat Glass Manufacturing – Prices for flat glass manufacturing decreased by 0.5% in March. This is the fourth consecutive month that flat glass manufacturing prices have declined. Year-over-year, the segment’s prices are up 11.7%.

Fabricated Structural Metal Products – The segment’s prices increased by 0.8% in March. This follows a 0.2% decrease in February. Year-over-year, fabricated structural metal product prices are up 2.0%.

Ornamental and Architectural Metalwork – For the second straight month, ornamental and architectural metalwork prices have decreased by 0.1%. Year-over-year, the segment’s prices are up 4.4%.

Metal Windows – Metal window prices increased by 0.1% in March. This follows four consecutive months of unchanged prices. The price for metal windows is up 9.1% compared to a year ago.

Metal Doors and Frames – Metal door and frame prices remain unchanged in March. The price for this segment increased by 0.4% in February. Prices for metal doors and frames have not decreased over the past five months. Year-over-year, prices for the segment are up 4.4%.

Builders’ Hardware – Builders’ hardware prices remained unchanged in March. This follows a revised price decline of 2.4% in February. Builders’ hardware prices remain 3.8% higher than a year ago.

This article is from USGNN™, the daily e-newsletter that covers the latest glass industry news. Click HERE to sign up—there is no charge. Interested in a deeper dive? Free subscriptions to USGlass magazine in print or digital format are available. Subscribe at no charge Sign up today.

This entry was posted in Featured News, News, Today's News and tagged , , , , , , , , , . Bookmark the permalink.

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.