The latest KMR Glass and Glazing Quarterly Review 2Q 2023. A few highlights:
- Architectural glass- and glazing-related construction maintained its momentum at least for another quarter as the first half of 2023 closed. This is the seventh straight quarter that the value of industry-related activity has increased year-over-year.
- Multifamily is finally showing signs of slower growth, which was inevitable after many quarters of huge year-over-year gains. Most of the important subcategories within the commercial and institutional segments are still expanding.
- KMR recently revised its 2023 forecast to reflect a higher rate of growth in 2023 (vs. 2022) than previously projected, due to a better-than-expected start to the year and improved pricing. However(!), 2024 is likely to be a much more modest year in terms of growth.
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