Dive summary:
- Green building will have a total value – residential and nonresidential – of $85 billion in the U.S. this year, according to data in McGraw-Hill's Dodge Construction Green Outlook, and $98 billion to $106 billion next year..
- In commercial and institutional work, green will account for about 44% of the work this year, the report says, and will grow to 55% by 2016.
- In residential, green will account for about 20% of spending this year, and green homes will be 29% to 28% of the market by 2016, according to the report.
From the article:
"We’re seeing tremendous growth in green building," said Harvey M. Bernstein, vice president, Industry Insights and Alliances for McGraw-Hill Construction. ...
