U.S. Bureau of Labor Statistics report
Producer prices in the U.S. glass and glass product manufacturing sector rose 0.2% in March, continuing a trend that has continued in four of the past five months. Producer prices for glass and glass products rose by 7.6% year-on-year. Overall, final demand prices fell 0.5% in March after being unchanged in February.
The report also showed that annual producer price growth slowed to 2.7% in March from 4.9% in February. The PPI measures the average price received by producers for domestically produced goods and services.
Figure 1 The SkySlide at the U.S. Bank Tower in Los Angeles
Prices for glass and glass materials
Flat Glass - Flat glass prices fell 0.1% in March after rising 3.4% in February. Prices for flat glass have fallen in three of the past five months, rising 10.6% year-over-year.
Manufacturing of Flat Glass - The price of manufacturing flat glass fell by 0.5% in March, which is the fourth consecutive month of decline in manufacturing prices of flat glass, up 11.7% year-on-year.
Prefabricated Structural Metal Products - Prices rose 0.8 percent in March after falling 0.2 percent in February and rising 2.0 percent year-over-year.
Decorative and Architectural Metal Products - Prices for decorative and architectural metal products fell 0.1 percent for the second straight month and rose 4.4 percent year-over-year.
Metal Windows -The price of metal windows increased by 0.1%. Before this, the price remained unchanged for four consecutive months, and it increased by 9.1% year-on-year.
Metal Doors and Frames – Prices for metal doors and frames were unchanged in March after increasing 0.4 percent in February. Prices for metal doors and frames have not declined over the past five months and are up 4.4% year-over-year.
Builder Hardware - Hardware prices were unchanged in March after falling 2.4% in February and are still 3.8% higher than a year ago.
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