The document summarizes a study on the economic impact of the green industry in the United States in 2002. The green industry had a total economic output of $147.8 billion and supported over 1.9 million jobs. Specifically, the production and manufacturing sectors contributed $34.6 billion to output and 300,677 jobs. Services like landscaping added $57.8 billion in output and 753,557 jobs. The retail and wholesale sectors generated $55.5 billion in output and supported 910,104 jobs. The study found the green industry had the largest economic impact in the Midwest region.
2. The green industry is made up of a diverse mix
of production, service as well as trade and
businesses which include sod growers and
wholesale nursery, maintenance firms as well
as landscape contractors, home
centers, retails garden centers as well as mass
merchandisers with garden departments and
lawns, brokers and also horticultural
distribution centers.
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3. It is one of the industries that are growing really
fast even during the times when there is
economic recession in the country.
The green industry has a significance contribution
to the personal income as well as job growth in
regional as well as local economies.
There are a number of studies that have been
carried out in order to document the economic
impacts of the green industry in the individual
states as well as regions in the country.
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4. The current study tries to evaluate the
economic impacts that these industry has to
the entire United States.
The findings of the research indicated that the
impacts the green industry had to the
economy of the United States of America in
the year 2002 were approximately 147.8 billion
dollars in output, 95.1 billion dollars in value
added, 1964399 jobs, 64.3 billion dollars in
labor income and 6.9 billion dollars in business
taxes that are indirect.
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5. As for the production and manufacturing
sectors that consist of greenhouses or
nurseries, lawn as well as garden equipment
manufacturers, the output impacts were a
total of 34.6 billion dollars, the value added
impacts were 20.8 billion dollars and the
employment impacts were a total of 300, 677
jobs.
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6. The research also indicated that the horticultural
service sectors that comprise of the landscape
services as well as architects had output impacts
that totaled to 57.8 billion, the value added
impacts reached 39 billion while the employment
impacts were a total of 753, 557 jobs.
The retail and wholesale trade sectors on the
other hand had total output impacts of 55.5
billion dollars, the value added was 35 billion
dollars and the employment impacts were a total
of 910, 104 jobs.
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7. From the findings, the largest individual sectors in
reference to value added impacts and employment
included the landscaping services, the lawn as well as
the garden stores, the greenhouses and
nurseries, supply stores for building materials as well as
florists.
Other sectors that showed value-added impacts that
were huge from the research include the landscape
architects, the general merchandise stores, the lawn
as well as garden equipment wholesalers, the lawn as
well as garden equipment manufacturers, the nursery
stock, wholesale flower, food and beverage stores as
well as florist supplies.
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8. Analyzing the economic impact by the states,
the Midwest region was leading with the
largest value-added impacts followed by
Pacific region, Northeast region and then the
Southeast region.
The individual states that had the largest
value added impacts are California, followed
by Florida and then Texas, Illinois,
Pennsylvania, New York and then Ohio.
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9. The following are some of the inspiring stats as
well as projections the green industry has:
- The green industry usually has annual
revenue or approximately 61 billion.
- It employees about 899, 958 people and
represents close to 416, 991 people.
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10. - It is projected that between 2010 to
2020, the employment of grounds
maintenance workers will have grown by 20%.
- By 2015, the market for landscaping services
is expected to reach 80 billion dollars.
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