Latest News in Retail Glass

  • Remodeling Market Index hits five-year high

    January 30, 2012
    Remodeling sentiment rose to the highest level in five years, according to the National Association of Home Builders’ Remodeling Market Index for the fourth quarter of 2011. The RMI increased to 46.6 in the fourth quarter from 41.7 in the third quarter, while the RMI component measuring current market conditions rose to 48.4 from 43.0 in the previous quarter. The RMI component measuring future...

  • Construction spending drops to 2002 levels
    April 2, 2010
    Construction spending tumbled in February by $11.6 billion, or 1.3 percent, to $846 billion, a low last recorded in 2002, according to an analysis of new federal figures by the Associated General Contractors of America, Arlington, Va. Declines occurred relative to both the month before and February 2009 in most categories of private residential and nonresidential construction, as well as public...

  • Heavily subsidized Chinese glass industry hurting U.S. manufacturers, report says
    October 8, 2009
    The Economic Policy Institute, Washington, D.C., in conjunction with Dr. Usha Haley of Harvard University, released a report, "Through China’s Looking Glass: Subsidies to the Chinese Glass Industry from 2004-2008," Oct. 8. Specific findings include:Since 2003, glass production in China has more than doubled. Concurrently, production capacity in China has doubled since 2003...

  • Construction spending slips but homebuilding rises
    September 2, 2009
    Construction spending in July totaled $958 billion at a seasonally adjusted annual rate (SAAR), 0.2% less than the downwardly revised June total and 10.5% less than in July 2008, the Census Bureau reported today.Private nonresidential spending fell for the fifth month in a row, slumping 1.2% in July, after tumbling 2.2% in June. Losses were most acute for developer-financed categories: lodging, -...

  • July construction jumps 6 percent
    August 26, 2008
    The value of new construction starts advanced 6 percent in July to a seasonally adjusted annual rate of $578 billion, it was reported by McGraw-Hill Construction, a division of The McGraw-Hill Cos., New York. Led by the start of two massive electric power plants plus healthy gains for several public works categories, the nonbuilding construction sector climbed sharply. In addition, residential...

What's Hot

  • The good, the bad, the suspect
    In April 2011, the U.S. International Trade Commission instituted antidumping and countervailing duties on aluminum extrusion products from China, following a Department of Commerce investigation that determined 29 Chinese companies dumped some $500 million worth of extruded aluminum products into the U.S. market last year. According to the DOC, the Chinese exported their aluminum extrusions to...
  • PV Pioneers
    An increasing number of contract glaziers are getting involved in various aspects of the solar industry, from design and installation of BIPV and rooftop arrays, to product sourcing. "This is the future of where glazing is going," says Brendan Dillon, director of product marketing, Pythagoras Solar. "Solar has been developing over the last several years, and it seems like a very logical extension...
  • Between a rock and a hard place
    Cost increases have dominated the headlines the last several months, with glass and metal suppliers upping prices in response to rising raw material and operating costs. 
    Price hikesIn letters sent to customers this summer, glass and metal suppliers alike pointed to increasing raw material, fuel and operating costs as the reasons behind the price increases that took effect this June. (Visit GlassMagazine.com to see which suppliers raised prices and by how much.) Several industry representatives say prices have been deflated for years, and the increases were...