The U.S. Green Building Council predicts that green building will support 7.9 million U.S. jobs and pump $554 billion into the American economy. They found that the green building sector generates $2.6 trillion in annual revenue, employ approximately 14 million people, come from 29 industry sectors and include 46 Fortune 100 companies.
by Tracey de Morsella, Green Economy Post
U.S. Green Building Council (USGBC) and Booz Allen Hamilton released an extremely encouraging study at the Greenbuild Conference yesterday. In spite of bleak economic outlook, green building will support 7.9 million U.S. jobs and pump $554 billion into the American economy – including $396 billion in wages – over the next four years. Analysis from the study also revealed that green construction spending currently supports more than 2 million American jobs and generates more than $100 billion in gross domestic product and wages.
An assessment of the U.S. Green Building Council’s 19,000-plus member organizations and found that they generate $2.6 trillion in annual revenue, employ approximately 14 million people, come from 29 industry sectors and include 46 Fortune 100 companies. The study found that the economic impact of the total green construction market from 2000 to 2008 contributed $178 billion to U.S. gross domestic product; created or saved 2.4 million direct, indirect and induced jobs; and generated $123 billion in wages.
The study considered the total value of green buildings and the results include workers from the architects who design them to the construction laborers who pour their foundations to the truck drivers who deliver the materials, in recognition of how extensive the impact of green building is.
You can download full report at the U.S. Green Building Council web site.
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