Tag Archives: inflation

The Effect of Inflation on the Glass and Glazing Industry

The term “inflation” is now synonymous with 2022. Due to the COVID-19 pandemic, rising energy prices and supply chain issues, among other woes, inflation has steadily increased over the past two years. This has forced the U.S. Federal Reserve to … Continue reading

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NSG Group Reports Strong Profits Even as Global Energy and Material Costs Increase

NSG Group, the parent company to Pilkington, announced strong Q2 performances in its architectural and technical glass sectors, which helped offset higher energy and material costs. The group recorded a Q2 revenue of $2.6 billion. Within that, the architectural segment … Continue reading

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Saint-Gobain’s Energy, Material Costs Increase by Nearly $3 Billion in 2022

Saint-Gobain’s energy and raw material costs increased by nearly $3 billion in 2022 as a result of rising inflation, according to a quarterly report released by the designer, manufacturer and distributor of materials and services for the construction and industrial … Continue reading

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Dynamic Glass Tax Code Incentives, Inflation Concerns Covered at FGIA Fall Conference

The Fenestration and Glazing Industry Alliance (FGIA) Hybrid Fall Conference’s regulatory and legislative report dove into inflation concerns, tax code incentives embedded in the Inflation Reduction Act, FGIA public comments, along with additional topics concerning the U.S. fenestration and glazing … Continue reading

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Construction Starts Surge in July Thanks to Mega Projects

Total construction starts surged 48% in July to a seasonally adjusted annual rate of $1.36 trillion thanks to the start of three large manufacturing plants and two LNG export facilities, the Dodge Construction Network reports. Even without the five major … Continue reading

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