Latest News in Commercial Glass

  • Nonfarm payroll employment continued to decline sharply in March (-663,000, seasonally adjusted), bringing the 12-month decline to 4.8 million (-3.5 percent), the Bureau of Labor Statistics reported on Friday. The unemployment rate rose to 9 percent, not seasonally adjusted (8.5 percent, seasonally adjusted), from 5.2 percent a year ago. Construction remained in the vanguard, with job losses of...
  • According to the Associated General Contractors of America it is growing more likely that real (inflation-adjusted) gross domestic product will rise slightly in the quarter that began on April 1 from the dismal levels of the first quarter. The growth is likely to pick up gradually through the rest of the year. But it will be very uneven, unlike the downturn, which affected all sectors.Tax...
  • Unemployment rates rose and nonfarm payroll employment in February fell in the District of Columbia and all states except Louisiana, the Bureau of Labor Statistics reported today. Compared to a year earlier, every state had higher unemployment rates and all had lower employment except Wyoming, +1.6 percent; D.C., +1.4 percent; Alaska, +0.9 percent; La., +0.3 percent; and North Dakota, +0.2...
  • A few words included in one paragraph of the federal government’s massive stimulus package could spell lost business for glass makers, including Scotland County's [N.C.]  Pilkington. The stimulus legislation gives homeowners making energy-efficient improvements a tax credit of 30 percent of the cost of the project, up to a total of $1,500.But, the stimulus legislation passed by...
  • The decline in crude oil prices gets all the headlines, but the first globalized natural gas glut in history is driving an even more drastic collapse in the cost of gas that cooks food, heats homes and runs factories in the United States and many other countries.Six giant plants capable of cooling and liquefying gas for export are due to come on line this year just as the economies of the Asian...
  • The U.S. jobs sector hit hardest by the recession, construction, may not reach bottom until sometime next year.With one in five U.S. construction workers out of a job, prospects for the sector remain dim amid ongoing cuts in construction spending, a decline in nonresidential projects, and concerns that government stimulus will take months to have any measurable effect, industry experts say,...
  • Housing construction posted a surprisingly large increase in February, bolstered by strength in all parts of the country except the West.While the surge in construction was far better than the continued decline economists had expected, experts viewed the rebound as a temporary gain given all the problems the housing industry still faces.The Commerce Department reported Tuesday that construction...
  • As anyone who lives too close to a baseball field knows, glass can be frustratingly fragile. But a new type of glass, made from opaque titanium and zirconium instead of transparent silicon, is harder and tougher—and weighs less—than stainless steel. The California scientists who developed and tested the opaque glass hope it could one day replace steel and aluminum in a wide variety of...
  • U.S. industrial production fell for the fourth month running in February, dropping by 1.4 percent on weak factory and manufacturing output as global demand has continued to erode.The monthly decline was slightly worse than expected and was driven lower by warmer temperatures across the U.S., which slowed the output of utilities. Industrial output was off by 11.2 percent compared with the same...
  • A Chinese manufacturing index climbed for a third month, adding to evidence that a 4 trillion yuan ($585 billion) stimulus package is pushing the world’s third-biggest economy closer to a recovery.The Purchasing Manager’s Index rose to a seasonally adjusted 49 in February from 45.3 in January, the China Federation of Logistics and Purchasing said today in an e-mailed statement. A...
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What's Hot

  • Things are looking up for the worldwide glass industry, as an optimistic outlook and overall mood permeated the show floor during glasstec 2014, held Oct. 21-24 in Düsseldorf, Germany. Following glasstec 2012, a successful event in the face of economic uncertainty, glasstec 2014 indicated positive market developments after several years of a sluggish North American and worldwide economy....
  • The National Glass Association \ Window & Door Dealers Alliance is pleased to announce the election of Bryan Bush to the office of chairman of the board. Bush, of City Glass Co., Omaha, Neb., has served on the board since 2010. Bush took the office of chairman on Sept. 11, 2014, during GlassBuild America: The Glass, Window & Door Expo in Las Vegas. He will serve a one-year term.“Our...
  • The Dwyer Group Inc., parent company of numerous service-based franchise brands including Glass Doctor, today announced it has been acquired for the second time by The Riverside Company, a private equity fund with locations in North America, Europe and Asia. The deal with the global investment firm renews a collaboration between two growing and successful organizations, according to company...