Flat glass prices were unchanged in December after slight increases the two months prior, according to a USGNN.com™ analysis of the latest Producer Price Index (PPI) report released by the Bureau of Labor Statistics (BLS).
Prices in the category are up 3 percent from a year ago, and the current index sits at 132.5.
According to the BLS, the PPI program measures the average change over time in the selling prices received by domestic producers for their output. The prices included in the PPI are from the first commercial transaction for many products and some services.
Final demand for construction saw a slight 0.1-percent decrease in December after a matching increase in November. Those prices are up 0.6 percent compared to December 2015. Prices for materials and components for construction inched up 0.1 percent after staying flat the month before. However, they’ve increased 1.4 percent from the same time a year ago.
Construction machinery and equipment prices were flat in December, following a slight dip in November, and are up 0.9 percent from December 2015. Prices for structural, architectural and pre-engineered metal products jumped 1.2 percent after dipping 1.3 percent in the prior month. They are up 1.7 percent from 12 months ago.
Architectural and engineering services saw a 0.3-percent increase in prices for the month and a 1.2-percent spike over the past three months. These prices are up 1.9 percent over the year.
Overall, the U.S.’s PPI for final demand increased 0.3 percent in December, seasonally adjusted. On an unadjusted basis, the final demand index climbed 1.6 percent in 2016 after dropping 1.1 percent the year before.