U.S. Insulation Industry Generates $20 Billion, NAIMA Reports
The U.S. insulation industry contributes $20 billion annually to the U.S. economy and supports nearly 400,000 jobs throughout the United States, according to a new report published by the American Chemistry Council, The Contributions of Insulation to the U.S. Economy in 2016. The report was released recently during the joint insulation industry national policy and advocacy meeting sponsored by the American Chemistry Council, Cellulose Insulation Manufacturers Association, Insulation Contractors Association of America, Polyisocyanurate Insulation Manufacturers Association, and North American Insulation Manufacturers Association. It is the most recent analysis of the significant economic contribution of the U.S. insulation industry to the American economy.
The use of insulation in U.S. homes and businesses saves energy, putting more money in the pockets of American households and business owners. Moreover, as the new administration tackles its legislative and regulatory agenda, the U.S. insulation industry has direct and positive impacts in three specific areas that intersect the administration's stated priorities and warrant attention: health/healthcare, energy and infrastructure.