Costs for US glass and glazing manufacturing products remain stable. | So Good News
Seasonally unadjusted prices for materials used in glass and refrigeration production were flat in October. Although some indices are only marginally down. The US Bureau of Labor Statistics (BLS) reported in its latest Producer Price Index (PPI) that prices remained high year over year.
In October, The monthly PPI for glass panels in the product category increased 1.4% from September to October. Year over year, glass has increased by 10.0%. According to the BLS; Product classification “groups goods and services together by similarity or material composition, regardless of the industry classification of the manufacturer.
The October index for the manufacturing classification of glass panels rose 1.6% from September to October. every year The PPI of glass manufacturing fell in October to 19.9% from 20.3% in September. The industry classification measures “changes in the price received for an industry’s output sold outside the industry (ie, its net output).”
Prices for fabricated metal products fell -0.1%. But the index continues to show growth over 2021 numbers, with an 11.0% year-on-year increase. The index for the ornamental and architectural metal industry showed no movement from September to October. year after year The PPI of the ornamental and architectural metals industry rose 15.3%.
The PPI for metal windows increased by 1.4% from September to October. This is after a slight decline in September. The PPI for metal windows remained high year-on-year at 28.6%. Prices for metal doors and frames increased by 0.6%. year after year Metal doors and frames PPI was 20.7%.
Builders’ hardware costs, including materials used in glass and glazing, fell -0.6%. year after year Builders’ hardware PPI cost is 7.5%.
|Type||September 2022 to October 2022||October 2021 to October 2022|
|Flat Glass Production||+1.6%||+19.9%|
|Fabricated and structural metal products||-0.1%||+11.0%|
|Fabrication of ornamental and architectural metalwork||0%||+15.3%|
|Metal doors and frames||+0.6%||+20.7%|
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