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Nonresidential glass and glazing spending was down at the end of 2020, according to Key Media & Research (KMR), a leading data and information provider to the glass industry. Architectural glass-related construction activity declined by 3.8% in December compared to a year ago.
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.
Overall nonresidential construction spending declined 4.8% during the same period, so the subsectors most relevant to glass were less severe than the others.
Commercial-related glass construction was mostly responsible for the decline in industry activity, largely due to a 24% dip in lodging construction and a near-4% drop in office building. Architectural glass and glazing spending in commercial as a whole was down 6%.
Institutional-related work was also down, though by only 1.4%. While construction activity related to healthcare declined by more than 6%, glass and glazing spending in the educational category increased by nearly 1%. Construction on public safety buildings continued its uptick, with a 27% increase from 2019 to 2020.
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.
When is the Outlook Report coming out
It will be included in the February issue of USGlass.
Hello Delano,
There will be an article in the February issue of USGlass magazine, as Jordan noted, and the full report will be available to order in just a few days and will be announced here. We are finalizing the report this week.
Thanks,
Nick St. Denis
Director of Research – Key Media & Research