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Green Building Market Grows Despite Construction Slowdown

Despite a deep economic recession, the U.S. green building market has expanded dramatically since 2008 and is projected to double its size by 2015, says a new report by New York-based McGraw-Hill Construction. The value of green construction starts jumped 50% from $42 billion in 2008 to $71 billion in 2010, when it represented 25% of the all new building activity, and it's expected to reach $135 billion by 2015, according to the firm's Green Outlook 2011 report.