Saturday, December 03, 2011

Green Boosts Economic Growth

Green industry boosts California economy
The California green industry grossed $25 billion in 2007, according to report.

December 2, 2011 - The green industry in California has accomplished much more than beautification. According to a recently released report by the California Landscape Contractors Association, the industry grossed $25 billion and created nearly 258,000 jobs in 2007, the last year for which data was available.

The report, entitled “Economic Contributions of the Green Industry to the California Economy, 2007,” summarizes a 2011 study conducted by three economists: Dr. Marco A. Palma of Texas A&M University, Dr. Alan W. Hodges of the University of Florida, and Dr. Charles R. Hall of Texas A&M University.

The report identifies the “green industry” as any business involved in the production, distribution, and services associated with ornamental plants, landscape and garden supplies and equipment. Segments of this industry – also known as the environmental horticulture industry – include landscape architects, contractors and maintenance firms, wholesale nursery, greenhouse, and sod growers, marketing intermediaries such as brokers, horticultural distribution centers, and re-wholesalers, retail garden centers, home centers, and mass merchandisers with lawn and garden departments and other retail establishments selling plants and horticultural goods.

The 157,395 green industry establishments in the state had $17.2 billion in direct output (sales) and $25 billion in total output. They employed 169,942 individuals and had a total employment impact of 257,650 jobs, the report states. read more>>>

Green Boosts Economic Growth

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