Posts Tagged ‘nurseries’

Green Business Trends

Monday, May 18th, 2009

To celebrate Earth Day Sageworks recently released our first set of environmentally-friendly business data.  As you can see, sales of recyclable materials have increased over 14% in 2008 despite the recession, and their profits have increased markedly, up 32% from 2007. It seems that going green is gaining popularity. 

Industry Financial Metric

2007

2008

42393 - Recyclable Material  Wholesalers  Sales Growth

19.5%

14.2%

42393 - Recyclable Material Wholesalers  Net Profit Growth

-8.8%

32.2%

Industry Financial Metric

2007

2008

44422 - Nursery & Garden Centers Net Profit Growth

29.4%

-9.3%

44422 - Nursery & Garden Centers Sales Growth

7.3%

0.6%

There is also data included above on how nurseries & garden centers are doing.  Earth day may have come as a welcome relief to the greenhouse and nursery industry; these businesses have seen significant decreases in both sales and profits over the last year.