Latest News in Retail Glass

  • State unemployment rates were nearly all higher in March, the Bureau of Labor Statistics reported on April 17, as 46 states recorded over-the-month unemployment rate increases, North Dakota and the District of Columbia registered decreases, and Georgia, New York and Rhode Island had no change. Over the year, jobless rates were up everywhere, according to an April 29 report from the Associated...
  • Real (net of inflation) gross domestic product tumbled 6.1 percent in the first quarter at a seasonally adjusted annual rate, following a 6.3 percent decline in the fourth quarter of 2008, the Bureau of Economic Analysis reported today. Real investment in "nonresidential structures decreased 44 percent, compared with a decrease of 9.4 percent. ... Real residential fixed investment...
  • "New construction starts increased 5 percent in March," seasonally adjusted, McGraw-Hill Construction reported today, based on its own data compilation. However, for the first quarter of 2009 compared to the same months of 2008, total starts tumbled 40 percent. "The improved level of contracting relative to February was due to a strong increase for public works construction,...
  • The value of nonresidential building starts plunged 23 percent in March, while civil works starts jumped 15 percent, Reed Construction Data reported [April 9], based on data it compiled. Comparing the first quarters of 2009 and 2008, building starts fell 8 percent in value but 18 percent in square footage. The value of the largest building category, schools/colleges, was unchanged, but...
  • The fight over a stalled bill that would make it easier for unions to organize workers is entering a new round, with the nation's largest business association and big labor unions gearing up competing efforts to sway a small group of senators.The U.S. Chamber of Commerce is launching a $1 million television advertising campaign that takes a new line of attack against the Employee Free Choice Act...
  • The aluminum industry has been hit hard by the global economic crisis with sharp falls in sales across the automotive, construction and aerospace industries.Prices have crashed, with the benchmark London Metal Exchange three-month contract dropping 62.2 percent, from a record $3,375 a ton in July of 2008 to a seven-year low of $1,275 in late February.However, a recovery has emerged in recent...
  • The total output of flat glass in January and February was 85.37 million weight cases, dropped by 7.1 percent year-on-year; the output of float glass was 69.94 million weight cases, down 7 percent.In January and February, 42 scaled flat glassmakers shut down, which reduced the annual capacity at about 100 million weight cases. 9 float glass companies closed up and 42 companies lowered the...
  • 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...
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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...