Three Major Trends Pushing Green Building to the Forefront of Industry
RALEIGH, N.C., January 28, 2008 – According to FMI’s 2008 U.S. Construction Overview, construction industry stakeholders are increasingly recognizing green building capabilities as “goodâ€â€”and being a necessary part of a firm’s best practices. Green building is no longer a niche sector, and three major trends are pushing green building to the forefront of the construction industry.
FMI’s 2008 U.S. Construction Overview, published annually since 1977, offers a comprehensive report on vital construction trends. It also forecasts the growth or decline in each market segment and geographic region, noting both short-term and long-term considerations.
According to the Overview, green nonresidential construction put in place was $13.4 billion in 2006, and by 2008 $21.2 billion of all new nonresidential construction will employ the use of green building principles. The growth in green construction has created a shift in perception among owners and the architectural and engineering communities. Construction industry stakeholders have embraced the green movement and sustainable design for its energy savings, worker productivity increases and positive public perception, the report states.
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