Study: Green building to support 8 million jobs over next 4 years
A report from the U.S. Green Building Council and Booz Allen Hamilton shows that green construction will contribute $554 billion to the U.S. GDP between 2009 and 2013.
Despite a challenging 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 (2009-2013), according to a new study from the U.S. Green Building Council and Booz Allen Hamilton. The study also determined that green construction spending currently supports more than 2 million American jobs and generates more than $100 billion in gross domestic product and wages.
The economic impact of the total green construction market from 2000 to 2008, the study found, 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 was released at the USGBC's annual Greenbuild International Conference & Expo , a gathering of representatives from all sectors of the green building movement.
The full report can be downloaded online , where one can also find other research, resources, tools and information about green building and its role in the economic recoveries of professionals, businesses, and the nation.