Glass and glass assembly-related activities in North America improved actively in October

According to statistics, non-residential buildings related to architectural glass increased slightly in October. According to data from KMR, a leading information provider in the glass industry, on a seasonally adjusted annual basis, expenditures increased by nearly 0.5% year-on-year.

KMR's glass and related glass assembly activity data comes from construction expenditure data, with exclusive weights and models applied to industry-related sub-sectors. "Expenditure" and "activity" can be used interchangeably and represent the value of glass-related buildings that are ongoing in a particular period.

Glass-related activities in commercial buildings in North America increased in October, an increase of 2.4% over the same period last year. Although the accommodation category continues to decline sharply at a rate of nearly 34%, the number of office buildings in North America has risen by more than 1%, and the "other" commercial sub-industry has far exceeded 11%.

^{Figure 1 The glass related activities in North America improved actively in October}

Although the commercial aspect of spending on glass and glass assembly activities in North America has begun to improve, institutional construction is still slowing down, with a decrease of 1.9% from October 2020 to October 2021. Construction activities in the healthcare sector in North America increased by more than 5%, while construction activities related to education decreased by more than 3%. The overall non-residential building glass and related glass assembly activities increased by 0.6% month-on-month.

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