Numerically Speaking
June 2016 stats and numbers from the PHCP-PVF industry. Check back every month to see a brand new set of stats!
Department of Energy wasted hot water statistics
According to the Department of Energy, 400 billion kilowatts of hot water goes down the drain annually in the United States, which is roughly $40 billion worth of energy and an average cost of $0.10/kW (via International Wastewater Systems).
U.S. construction starts expected to rise
From CMD’s Q2 2016 Construction Starts Forecast Report (via Interline Creative Group), total construction starts in the U.S. are expected to rise by 7.4% in 2016 and 6.3% in 2017. CMD states residential construction starts are expected to be the major driver of growth, with a double-digit rise penciled in for 2016. The report adds the single-family segment is generally expected to outpace the multifamily segment over the forecast period.
Demand for behind-the-wall plumbing products expected to increase
From industry research firm The Freedonia Group, demand for behind-the-wall plumbing products is projected to advance 6.5% annually to $12.4 billion in 2020. “Design trends that call for homes and businesses to have multiple and larger bathrooms with more fittings will boost demand for distribution and drain, waste and vent pipe to carry water to and from supply and sewer mains,” Senior Analyst Matt Zielenski said.
15% of 300 global manufacturing and retail executives have access to data
From the report “The Current and Future State of Digital Supply Chain Transformation,” by Capgemini Consulting, GT Nexus and Infor, only 15% of 300 global manufacturing and retail executives surveyed say they have access to data from their extended supply chains.
23% of respondents say the majority of data from the extended supply chain is analyzed
From the same Capgemini, GT Nexus and Infor survey, only 23% of respondents say the majority of data from the extended supply chain is analyzed and used for decision making. However, in five years that number is expected to jump to 68%, respondents say.
WaterSense irrigation waste statistics
From the most recent WaterSense Current issue, an improperly programmed or maintained clock-timer-controlled irrigation system can waste 30,000 gallons of water each year.
Report says Michigan underinvesting in drinking water infrastructure
According to estimates in a new report commissioned by the Michigan Infrastructure & Transportation Association, Michigan is underinvesting in its drinking water infrastructure by $284 to $583 million each year. The report shows between 2004 and 2013, average annual investments in drinking water infrastructure were $447 million, compared to an annual need of between $731 million and $1.01 billion.