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Green Building Forecasted To Become 20% of World Construction By 2013 » Woodworking Machinery & Industry News Blog: First Choice Industrial
Green Building Forecasted To Become 20% of World Construction By 2013

First Choice Industrial Weima Dealer

Currently. the US green building market is estimated at $36 billion to $49 billion, representing about 10%-12% of total construction dollars spent annually, according to McGraw-Hill– moving green building from obscurity to a significant global construction market trend.

And now, that trend is foretasted to develop into over 20% of the share of world construction by 2013, according to Canaccord Genuity–the global capital markets group of Canaccord Financial Inc.  Longer-term, they expect green building practices to become the norm in the construction industry.  More at SustainableBusiness.com News.

Additionally,  a  Booz Allen Hamilton study released by USGBC at Greenbuild 2009,  predicted green building will support or create 7.9 million jobs between 2009-2013,  and will contribute $554 billion to the U.S. gross domestic product.

As reported in the U.S. Green Building Council Jobs Study . . .

Green Construction Economic Impact

  • From 2000–2008, the green construction market has:
  • Generated $173 billion dollars in GDP
  • Supported over 2.4 million jobs
  • Provided $123 billion dollars in labor earnings

From 2009–2013, this study forecasts that green construction will:

  • Generate an additional $554 billion dollars in GDP
  • Support over 7.9 million jobs
  • Provide $396 billion in labor earnings

USGBC Economic Impact
Between 2000–2008, LEED related construction spending has:

  • Generated $830 million in GDP
  • Supported 15,000 jobs
  • Provided $703 million in labor earnings
  • Between 2009–2013, we forecast that LEED related spending will:
  • Generate an additional $12.5 billion dollars in GDP
  • Support 230,000 jobs
  • Provide $10.7 billion in labor earnings

 

Woodworking professionals in the Southeast,
can discuss their interest in sustainable wood manufacturing and “green” industry news with our LEED AP consultant at . . .

Email: Randy Majerus LEED AP at sales@firstchoiceind.net

First Choice Industrial LLC.
145 Auburn Park Drive
Auburn, GA 30022
678.642.9722

Visit our online showroom for used woodworking machinery at www.preownedwoodworkingmachinery.com
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