Volume 42, Issue 5 - May 2007

IndustryOutlook

"Looking Glass" Sales Look Good

This month USGlass asked glass shop owners to take a look in the mirror; or, rather, at their mirror prices. We asked shop owners in Tampa, Fla.; Dallas, Texas; and Sacramento, Calif., for the price of a 42- by 32-inch bathroom mirror, and got prices for both a polished edge and a 1-inch bevel.

Not all of the shops we called offered beveling, but that didnít stop them from trying to help. One California woman confessed her shop didnít bevel mirrorsóbut still explained how much the charges usually ran and offered a rough calculation for the cost of beveling in order to help us with our estimate. A shop in Florida that didnít offer beveling quickly recommended another local shop as offering the best deal on a beveled edge, without even a pause to look up their number. That shop didnít offer the lowest price, but after a recommendation like that, we couldnít help but assume they offer a quality product. 

Residential Report Card
Privately Owned Housing Units Started
Seasonally Adjusted Annual Rate, Thousands of Units
MONTH '05 TOTAL '06 TOTAL '07 TOTAL
January 2,137 2,265 1,399
February 2,213 2,132 1,525
March 1,856 1,972 -
April 2,079 1,832 -
May 2,034 1,953 -
June 2,078 1,833 -
July 2,070 1,760 -
August 2,075 1,659 -
September 2,158 1,724 -
October 2,046 1,478 -
November 2,131 1,565 -
December 2,002 1,633 -
Average relative standard error three percent ē (p=preliminary)
Source: U.S. Department of Commerce
Construction Report Card
Monthly Construction Contract Value
Seasonally Adjusted Annual Rate, In Millions
  February '07 January '07 % CHANGE
Nonresidential Building $219,066 $174,866 25
Residential Building $276,316 $275,376 0.3
Nonbuilding Const. $114,190 $120,471 -5
TOTAL CONST. $609,572 $570,713 7
YEAR-To-DATE CONSTRUCTION CONTRACT VALUE
Unadjusted Totals, In Millions
  2 MOS '07 2 MOS '06 % CHANGE
Nonresidential Building $28,009 $28,018 0
Residential Building $39,104 $54,970 -29
Nonbuilding Const. $16,458 $15,138 +9
TOTAL CONST. $83,571 $98,126 -15

 
Tampa, Fla.
Shop Polished Edge Price Beveled Edge Price
Shop #1 $44.32 $91.92
Shop #2 $61.52 $114.72
Shop #3 $103.88 $140.88
Shop #4 $60.90 $125.00
Shop #5 $61.94 $101.53
Mean $61.51 $114.81
Median $61.52 $114.72

This median and mean is skewed because two of these prices does not include the installation.

Dallas, Texas

Shop  Polished Edge Price Beveled Edge Price
Shop #1 $71.15 $121.06
Shop #2 $60.00 $108.00
Shop #3 $61.00 $133.00
Shop #4 $70.00 $145.00
Shop #5 $61.90 $110.65
Mean $64.81 $123.54
Median $61.90 $121.06
Sacramento, Calif.
Shop  Polished Edge Price Beveled Edge Price
Shop #1 $75.00 $150.00
Shop #2 $65.31 $103.79
Shop #3 $57.81 $115.79
Shop #4 $76.00 $148.00
Shop #5 $45.00 $85.00
Mean $63.82 $120.48
Median $65.31 $115.61

The mean is an intermediate figure between two extremes, and the median represents the middle number in a series arranged in order of size.

USG
© Copyright 2006 Key Communications Inc. All rights reserved.
No reproduction of any type without expressed written permission.