The U.S. Green Building Council (USGBC) are the people responsible for the Leadership in Energy and Environmental Design (LEED) green building certification program. Through this program of standards and education for the design, construction, maintenance and operations of green buildings, homes, and communities, LEED has developed into the internationally recognized benchmark for green building.
In September 2015 the U.S. Green Building Council has just released their “Green Building Economic Impact Study” which looks at the direction of the green building industry in the United States. According the the USGBC the aim of the study is:“This study aims to provide a methodical analysis of the economic value of both green and LEED-certified building construction at the national and state levels. We began by forecasting construction spending for green construction and LEED-certified construction. Next, we examined the economic impacts of green and LEED construction, including total jobs supported. Finally, we analyzed state revenue contributions from LEED construction. This report follows in broad strokes the topics of the “2009 USGBC Green Jobs Study”, leveraging newly published data pertaining to green and LEED-certified building construction to expand the detail of our forecasts and analysis.”
This 80 plus page report is extremely comprehensive and looks at how both green and LEED construction is directly contributing to the key economic indicators like GDP, jobs and earnings of labor. Here are just a few of the statistics shared.
- Green construction spending is forecasted to grow 15.1% year over year to over $224 billion from 2015-2018.
- In the United States green construction will directly impact GDP $303.4 billion from 2015-2018.
- Green construction will support 3.9 million jobs from 2015-2018 that will generate over $268 billion in labor earnings.
- California, Florida, New York, North Carolina, and Texas will be the largest contributors to the impact of the green construction industry.
- From 2015-2018 LEED construction is forecasted to save 12.38 billion Kilowatt Hours of energy.
To download the full report for free, click here.
The USGBC also put together this infographic on green buildings economic impact.