Commercial Glass and Glazing Activity Ends Year Strong

Spending in architectural glass-related nonresidential construction increased in December compared to the same time a year ago. The value of activity increased by 2.4% year-over-year on a seasonally adjusted annualized basis, according to Key Media & Research (KMR), a leading information provider to the glass industry.

KMR’s glass and glazing activity figures are adapted and modified from private and public construction spending data, with proprietary weighting and models applied to industry-relevant subsectors. “Spending” and “activity” are used interchangeably and represent the value of ongoing glass-relevant construction during a particular period.

Commercial glazing was strong in December, advancing 8.4% compared to the same month a year ago. While the lodging category continued its ongoing decline, office construction was up by nearly 5% and the “other” commercial subcategory jumped by just under 17%.

Despite the commercial category’s recent rebound, the institutional segment is still retreating, as it declined by 3.9% from December 2020 to December 2021. Activity in healthcare building increased by roughly 7%, while education-related construction dipped at the same rate.

On a month-to-month basis, overall nonresidential glass and glazing activity declined moderately from November to December, with a slight uptick in commercial offset by a pullback in institutional.

Nick St. Denis is the director of research for Key Media & Research, parent company of USGlass magazine and USGNN™. For more detailed insights, subscribe to his free quarterly glass and glazing update HERE.

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