Post Time:Oct 17,2022Classify:Industry NewsView:1081
The seasonally unadjusted prices for materials used in glass and glazing manufacturing dropped some in September compared to August 2022. Yet, year-over-year prices remain high, according to the latest Producer Price Index (PPI) from the U.S. Bureau of Labor Statistics (BLS).
In September, the monthly PPI for flat glass in the commodity category saw a marginal increase of 0.2% from August to September. Year-to-year, flat glass is up 10.3%. According to the BLS, the commodity classification “organizes products and services by similarity or material composition, regardless of the industry classification of the producing establishment.
The September index for flat glass manufacturing in the industry classification increased by 0.4% from August to September. However, that number is a decrease from July to August’s PPI of 2.4%. Year-to-year, flat glass manufacturing’s PPI sits at 20.3%. The industry classification measures “changes in prices received for the industry’s output sold outside the industry (that is, its net output).”
Prices for fabricated structural metal products dropped 0.2 percentage points in September. However, that index, in the commodity grouping, is up 14.0% from a year ago. The index for ornamental and architectural metalwork, in the industry category, dropped -0.7% from August to September. Year-to-year, ornamental and architectural metalwork’s PPI is up 20.4%.
The PPI for metal windows dropped 0.4% from August to September. The PPI for metal windows still remains high year-to-year, sitting at 28.1%. The price for metal doors and frames also dropped by 0.7%. Year-to-year, the metal doors and frames PPI sits at 21.4%
The cost of builders’ hardware, including that used in glass and glazing, remained steady. Year-to-year, the cost of builders’ hardware PPI resides at 14.5%.
Category | August 2022 to September 2022 | September 2021 to September 2022 |
Flat Glass | +0.2% | +10.3% |
Flat Glass Manufacturing | +0.4% | +20.3% |
Fabricated Structural Metal Products | -0.2% | +14.0% |
Ornamental and Architectural Metal Work Manufacturing | -0.7% | +20.4% |
Metal Windows | -0.4% | +28.1% |
Metal Doors and Frames | -0.7% | +21.4% |
Builders’ Hardware | 0.0% | +14.5% |
Source: usgnnAuthor: shangyi