Green Construction Drives Economic Growth

09/18/2015 |

Sustainable building practices shown to benefit U.S. economy

Facility facade

The green building industry continues to grow in the U.S. and its value is now outpacing overall construction growth, according to a new study commissioned by the USGBC and prepared by Booz Allen Hamilton. The 2015 Green Building Economic Impact Study also finds that the green building sector will support more than 2.3 million American jobs and contribute more than $134.3 billion in labor income to working Americans this year.

In addition to adding value to the construction industry, the study shows that green construction will continue to grow in the future, projecting that it will account for more than one-third of jobs in the U.S. construction sector by 2018, as well as generating $190.3 billion in labor earnings. Additionally, the industry’s contribution to GDP is expected to reach $303.5 billion in the next four years. The study notes that with the expected growth in green building will also come an increase in the industry’s contribution to individual states’ tax contributions and environmental asset indicators at the national and state levels.  

“Our research shows that green building has created millions of jobs and contributed hundreds of billions of dollars to the U.S. economy, with the construction of LEED-certified buildings accounting for about 40% of green constructions overall contribution to GDP in 2015. This industry is certainly on the rise, and aggressive growth in the green building sector is anticipated over the next four years,” says David Erne, Senior Associate at Booz Allen.

Green benefits aren’t just for new facilities! Check out this guide to getting your existing building certified under LEED to learn how certification could benefit your organization.

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Connectrac® wireways are the new standard for bringing power & communications cable management to all interior applications. Free yourself from core drilling!

Surpass State Energy Requirements with Dual-Cooling Data Center CRAC Technology

See how professionals like you are taking advantage of the highest performing precision cooling system for their computer rooms and data centers, and why Data Aire is fast-becoming the number one choice for facility managers and building owners looking to decrease their energy consumption. 

Data Aire understands how digital technology and data gravity is rapidly impacting and transforming businesses. That’s why they developed ultra-efficient cooling technology to support the most modern (and not-so-modern) data centers.  Learn how One Wilshire in Los Angeles, one of the most advanced carrier hotels today, is surpassing California's strict energy efficiency requirements with Data Aire’s purpose-built system, which provide full-economization for 260 days – almost 72% of the year. That’s a measurable savings! Furthermore, the projected PUE on an annual basis for a full load is at or below 1.2.


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