Residential and Non-Residential Green Building Outlook Strong
The U.S. green building market continues to accelerate, according to McGraw-Hill Construction’s recently released “2013 Dodge Construction Green Outlook” report. The value of green building has seen growth from $10 billion in 2005 to $78 billion in 2011.
In 2012, the total market — non-residential and residential — is expected to be worth $85 billion, and by 2013, overall new green building is projected to rise to between $98 billion and $106 billion. By 2016, this number is expected to reach $204 billion to $248 billion, according to McGraw-Hill Construction, which is also the owner and publisher of ENR Mountain States.