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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

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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