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Forecasts

Ten Takeaways from the 2023 Forecast

Prepare for what’s next with leading construction economists.

Top 10 Takeaways from the 2022 Forecast

U.S. economic recovery continues, clouded by labor, supply and inflation challenges. Highlights from the latest construction forecasts.

The 2025 Forecast: Top Takeaways

The latest construction forecasts reflect a challenging 2024 for U.S. construction, with reasons for optimism in 2025.

NGA Economic Update: Metrics to Watch

Inflation continues its descent as supply chain woes threaten to reemerge, according to the lastest Thirsty Thursday webinar. Presented by Katy Devlin, Content Director for the National Glass Association, the webinar provides a comprehensive overview of the market factors shaping the glass and…

World of Glass 2023 Report

North American float glass manufacturers explore partnerships with solar panel producers and stay ahead of the curve with low-carbon products.

Flexible Strategies for a Shifting Economy

You can’t predict, but you can prepare for a 2024 environment full of uncertainty and potentially extreme outcomes.

Mixed Economic Signals

There is little agreement among economists about what 2024 will hold. They are split over whether the overall economy will enter recession. They are split over labor market expectations. Over interest rate projections. Over the future of inflation. Construction economists are similarly split…

2024 Forecast: Top 10 Takeaways

Highlights from the latest construction forecasts show that U.S. economic recovery slowly continues, shadowed by inflation and labor challenges, and geopolitical risk.

Industry Leaders Talk Mega Trends

What's ahead for the glass industry? "Industry Trends to Watch," a panel kicking off GlassBuild 2023, welcomed four leaders from all parts of the industry to discuss labor, the advent of AI, and other major trends to be aware of.

A Recession is Coming. Top 5 Factors to Watch.

The overall U.S. economy will most likely enter recession in the coming months, with nonresidential construction beginning to feel the effects in late 2024, says Connor Lokar, senior forecaster, ITR Economics, who returned to the Glazing Executives Forum at GlassBuild America to deliver the event’s…

Industry Metrics to Watch

At Glass Magazine and its publisher, the National Glass Association, we regularly track a series of economic and industry trend data to better understand what’s on the horizon for glass companies. We look at macro-economic data points, including unemployment and GDP, right along with construction…

AGC Releases 2023 Construction Hiring and Business Outlook

The Associated General Contractors' Jan. 4 National and State Hiring and Business Forecast for Commercial Construction meeting discussed both opportunities and concerns for the construction industry in the U.S. for 2023. 

How and When to Use Financing

Tips and tools to help you navigate increasing inflation, interest rates and risk.

Delays, Freight Rate Hikes Likely as Ukraine War Disrupts Shipping Operations

The key port cities Odessa and Mariupol in Ukraine have suspended most operations, leaving over 1,000 commercial sailors unable to move cargo containers through the Kerch Straight and the Black Sea. The glass manufacturing and other commercial construction industry sectors that rely on Eastern…

The Indicators I’m Tracking

I’m neither an economist nor a forecaster. However, there are a few key market indicators I’ve been tracking in recent months in an effort to see though the cloudy forecasts of leading construction economists.  

As COVID Clouds Churn, Markets See Mixed Outlook

The pandemic continues to hold good news and bad news for the construction industry.

Architecture Firm Billings Continue to Grow in June

Architecture firms reported another month of extremely strong business conditions in June, with an ABI score of 57.1, with any score over 50 indicating billings growth.

Total Construction Starts Slip in June

Total construction starts lost 7 percent in June, slipping to a seasonally adjusted annual rate of $863.6 billion, according to Dodge Data & Analytics. All three major sectors―residential, nonresidential building, and nonbuilding―pulled back during the month.

AGC Issues Building Material Inflation Alert

The Associated General Contractors of America issued an inflation alert last week, responding to the construction industry’s “unprecedented mix of steeply rising materials prices, snarled supply chains, and staffing difficulties, combined with slumping demand that is keeping many contractors from…

Manufacturer Outlook Strong at Start of 2021

A glance at one economic indicator for glass industry leaders to track as they look to identify opportunities for growth and potential challenges ahead.

What's in store for the Institutional Market in 2021?

Forecasters expect to see a lasting hit to government and education but express some optimism in health care.

Top Takeaways from the Commercial Construction Forecast

The pandemic disrupted commercial construction in 2020. What will 2021 hold for industry companies as the market and the overall economy continue to recover? Check out the topline takeaways from the commercial construction outlook from Glass Magazine’s Annual Forecast.

Dodge Data: Job Growth Makes Modest Progress in October

With the threat of COVID-19 still looming, the U.S. economy made modest progress in October as employers added 638,000 jobs to payrolls.

Ramping Back Up

As the world reopens with new rules, we’re looking at a very different market than we were in January and February. While construction is down across many commercial sectors, there are still some areas of potential optimism, such as health care, industrial and education. Many forecasts also…

2020 Economic Forecast: Your Top Five 2020 Questions Answered

The U.S. economy is slowing but is unlikely to go into recession. Details on threats to the construction economy, regional winners & losers and building trends.

Glass Industry M&A

Despite notable M&A activity in glass in recent years, the industry remains fragmented, presenting consolidation opportunities to expand infrastructure and achieve synergies through scale. Read on for key market acquisitions from recent years and an outlook for future activity.

2020 Forecast

What will 2020 have in store for the overall economy and for construction? And, what potential threats should glass industry companies watch for as they make investment and hiring decisions, bid projects and more in the year ahead?

Glass Revolution

Hard to believe it is more than a quarter into 2019; time flies when you’re having fun. What is more fun than to think about where we can go in the next decade, and what we have to look forward to? Solar power I was thinking about this while traveling across the country recently. I couldn’t help…

2019 Top Glass Fabricators | The Market

  01. Sales increase in 2018. Seventy-one percent of Top Glass Fabricator respondents reported an increase in sales from 2018, the same percentage that reported year-over-year gains in 2017. However, it is down from 2016, when 88 percent of respondents reported gains. In 2018, 24 percent…

Future of Glass—From Transparency to Technology

What’s driving future glass trends? Transparency, performance and technology, according to Lisa Rammig, senior associate for Eckersley O’Callaghan. Rammig spoke Jan. 23 during the 2019 National Glass Association Annual Conference in Naples, Florida. To meet next-generation demands, players from…

How to Recession-proof Your Business

Many economists are pointing to a potential slowdown in the U.S. economy after nearly a decade of sustained growth. “We see some headwinds coming,” said economist Connor Lokar during his forecast presentation at the Glazing Executives Forum at GlassBuild America in September. So, how can glass…

The World of Glass

The glass-making process starts with raw materials heated to 2,900 degrees Fahrenheit to produce molten glass. Pictured, the molten glass floats on a molten tin bath to become a flat ribbon. Photo courtesy of Guardian Industries.   The global float glass industry…