PPI Report: Glass-Related Prices Increase Slightly

October 13th, 2017 by Editor

Prices for materials used in the door, window and glass industries edged up in September, according to recently released Producer Price Index (PPI) data from the Bureau of Labor Statistics (BLS).

Despite talk in the industry of shortages and potential sharp price increases, the monthly PPI for flat glass in the commodity category increased a slight 0.1 percent in September and was unchanged the month before. Prices are just 0.2 percent higher than a year ago. 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 index for flat glass manufacturing in the industry classification was unchanged from the prior month, and those prices have increased 0.6 percent since September 2016. 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 were up 0.3 percent from August to September, following an identical increase the month before. That index, in the commodity grouping, represents a 1.8-percent price increase year-over-year.

Ornamental and architectural metal product manufacturing, in the industry category, saw price increases of 0.3 percent for the month and 2.8 percent for the year.

The PPI for metal windows ticked down 0.1 percent from its August reading (2.7 percent above 2016’s levels), and metal doors and frames also dropped 0.1 percent (up 4.7 percent from last year).

The price of thermoplastic resins and plastic materials was unchanged from August and is up 3.7 percent from last year. Prices for thermosetting resins and plastic materials dropped 0.4 percent from August, but are up 2.6 percent since 2016. Fiberglass plastic product prices fell 0.1 percent since last month and are up 0.2 percent for the year.

Prices for wood window units were unchanged from August and are up 2.5 percent since September 2016. Prices for wood doors for interior and exterior applications fell 0.2 percent during the past month. They’re up 3.9 percent since last year.

Wood mouldings are up 0.5 percent from last September, but fell 0.8 percent from August.

The cost of builders’ hardware, which includes hardware used in doors and windows, was up 1.7 percent in September from the previous month and up 3.7 percent for the year.

This article is from Door and Window Market [DWM] magazine's free e-newsletter that covers the latest door and window industry news. Click HERE to sign up—there is no charge. Interested in a deeper dive? Free subscriptions to [DWM] magazine in print or digital format are available. Subscribe at no charge HERE.

Tags: ,

Leave Comment