Nonresidential glass and glazing spending declined again in November, according to Key Media & Research (KMR), a leading data and information provider to the glass industry. Architectural glass-related activity was down 5.3% compared to a year ago and 0.7% from the previous month, at a seasonally adjusted annualized rate.
KMR’s glass and glazing activity figures are developed from the U.S. Census Bureau’s monthly construction spending report, with weighting and models applied to industry-relevant subsectors.
The year-over-year decline was steeper than the overall nonresidential construction decrease of 4.7% year-over-year, as glass-relevant sectors were more negatively impacted than construction segments not relevant to the industry.
The lodging and office building sectors continue to drag down the commercial category of nonresidential glazing construction. Lodging, encompassing hotel/motel buildings, saw a 26.5% decline from November 2019, and office was down 6.3%. In fact, none of the major sectors under the commercial umbrella improved year-over-year, and overall the category saw a 7.5% decline.
Architectural glass and glazing activity on institutional buildings was also on the decline, but to a lesser degree, down 2.8% year-over-year. The large educational segment fell 4.3%, while healthcare work pulled back 1.5%. Public safety remains the only clear bright spot, showing a more-than 29% increase.
Nick St. Denis is the director of research for Key Media & Research, parent company of USGlass magazine and USGNN™. Subscribe to his free quarterly glass and glazing update HERE.