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Economic Impacts of the Green Industry in the United States

"The U.S. environmental horticulture industry, also known as the “Green Industry”, is comprised of wholesale nursery and sod growers; landscape architects, designers/builders, contractors and maintenance firms; retail garden centers, home centers and mass merchandisers with lawn and garden departments; and marketing intermediaries such as brokers and horticultural distribution centers (re-wholesalers). Environmental horticulture is one of the fastest growing segments of the nation’s agricultural economy. In spite of the magnitude and recent growth and interest in the Green Industry, there is surprisingly little information that has been developed on the national level regarding its’ economic impact. Thus, the objective of this study is to estimate the economic impacts of the Green Industry at the national level. In addition, this study seeks to evaluate the value and role of forest tree species (woody ornamental trees). Economic impacts for the U.S. Green Industry in 2002 were estimated at $147.8 billion (Bn) in output, 1,964,339 jobs, $95.1 Bn in value added, $64.3 Bn in labor income, and $6.9 Bn in indirect business taxes, with these values expressed in 2004 dollars." [Abstract]

Authors
C.R. Hall, A.W. Hodges, J.J. Haydu
Date Published
2006
Resource Format
Electronic File
Funding Source
Grant or Foundation (Private), USDA FS (NUCFAC)
Sub-Topics
Arboricultural Profession, Economics/Cost-Benefit Analysis
State(s)/Region(s)
National
Keywords
Green industry, Green industry

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