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Tag Archives: Economy
The Next Recession Isn’t Here Yet, But Here’s When You Should Start to Worry
Leading indicators offer economists the closest thing to a preview of economic growth, as they tend to reveal trends earliest. Reports including weekly jobless claims and factory orders can reveal the first signs of a coming downturn. Click here to … Continue reading
Posted in glassBYTEs Headlines
Tagged auto glass, Economy, employment, recession, small business, United States
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Small-Business Owners Say Inflation Has Become a Bigger Problem Than the Labor Shortage
Small-business owners are more pessimistic about the economy than they have been in decades, according to the Small Business Optimism Index released Tuesday by the National Federation of Independent Business. Click here to read more.
Chinese-owned South Carolina Auto Glass Maker Expands in Upstate, Adds 121 Jobs
Fuyao Glass America Inc. announced in January 2019 that it would build a 182,000 square-foot processing center with light production capabilities, investing $16.1 million and creating 70 jobs. Tuesday’s announcement said the company will add assembly operations to install parts … Continue reading
Posted in glassBYTEs Headlines
Tagged auto glass, Economy, expansion, Fuyao Glass America Inc., jobs, South Carolina, windshields
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Belron and AGC Comment on Russian Invasion of Ukraine
The war between Russia and Ukraine has put lives — and businesses — on hold. Belron, which owns and operates Safelite AutoGlass and Safelite Solutions in the U.S., operates glass services under Carglass® in one location in Ukraine. In November … Continue reading
Posted in glassBYTEs Original Story
Tagged AGC, auto glass, Belron, Economy, Russia, Sanctions, Ukraine, windscreens
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PPI: Automotive-Related Products Pricing Continues to Creep Up in September
Prices for materials used in the auto glass industry showed increases in September 2021, according to recently released Producer Price Index (PPI) data from the Bureau of Labor Statistics (BLS). The monthly PPI, which includes auto glass*, increased slightly by … Continue reading
Posted in glassBYTEs Original Story
Tagged Adhesives, Economy, molded rubber, prices, Producer Price Index (PPI), sealants, September 2021
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Government is Not Doing Enough, According to glassBYTEs.com™ Readers
In response to President Obama’s State of the Union Address this week, the majority of automotive glass technicians and company owners say the President needs to do more to strengthen the economy, according to a glassBYTEs.com™ poll.
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