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As Skyscrapers Rise, So Do Glass Prices (Chart of the Week)

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As skyscrapers spring up and define the skylines of cities across the US, glass prices have risen as well. According to the Wall Street Journal and JLL, curtain-wall prices have risen more than 30% in the last 18 months and glass makers, previously struggling to find any business, are now struggling to keep up with the new demand. And while year-to-date completions (46M SF) are actually below historical norms, 2016’s huge boost in construction demand will put a further strain on glass supplies.

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