Showing posts with label Green building. Show all posts
Showing posts with label Green building. Show all posts

Wednesday, January 12, 2011

Are You a Presenter? Cincinnati is Greening the Heartland: Wants You


Do you have an interesting presentation in any area of green building? If so Greening the Heartland 2011 wants you. But you'll need to hurry. The deadline for submission is in one week (Jan 21).  Call for Speaker details here.  And submission form here.

In its eighth year, Greening the Heartland will be held in Cincinnati Ohio on June 21-24. Hosted by the Cincinnati Region USGBC, the expo style event is expected to draw over 1000 industry professionals, influencer, movers, and shakers, all seeking to sharpen their skills, increase their knowledge, and meet others.

And most important, they will be there to meet you, but that will not happen if you do not apply.

Accepted proposals will be announced February 4, 2011.

Monday, December 13, 2010

The Growing Green Building Market



Since the fall of 2008, US spending on conventional building construction both residential and commercial has been nearly halved to $520B from $912B.  The adjustment in the residential segment is even more stark from $670B in 2006 to $230B in 2010 a 66% reduction (here).  We have truly witnessed a transformational change in the marketplace.
Sources: US Census (Actual) Fast Money/EL Insights (Projected)
Change has led to margin compression and firm collapse, and if not for tax rule changes in the '08 federal stimulus package which permitted home builders to offset current losses against prior year tax liabilities, we might have witnessed the collapse of many large home building firms.  Call it, "The Home Builder Bailout."  On the employment side, we see the largest displaced worker ratio with more than 22 job seekers for every job opening as of November 2010.  Going forward economists predict sluggish growth for the economy in the, 2-3% range, for an extended period.  For the survivor firms, more of the same margin compression can be expected for quite some time.  During the same period the green building segment posted extraordinary growth to $71B in 2010 from less than $1B in 2007.  The segment is expected to achieve nearly a 20% year-on-year growth through 2015.  By then green building is expected to consume one of every four dollars spent on building construction.  Growth is being fueled by government purchasing and private owners who  recognize the superior ROI on going green.  It is just good business.  So for constituents in the building construction supply chain, going green is THE way to make green in this "New Normal" economy.

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