LANSING, Mich., April 21, 2016 /PRNewswire/ -- With the U.S. economy booming, more people are entering into the real estate industry and investing in property or upgrading their homes. With safety at the forefront of many people's minds, this is resulting in record sales for SWAT Environmental (Soil, Water, and Air Technologies), a company who provides radon mitigation solutions to reduce dangerous cancer-causing gas in residential and commercial buildings.
Radon is a naturally occurring gas which is formed by the natural breakdown of uranium in the soil. Radon escapes into the air through fractures and pores in rocks and soils, and gets into buildings and homes through the foundations. In some cases, it can collect in high concentrations and be extremely hazardous to health. The EPA estimates that up to 21,000 Americans die each year from radon-related lung cancer with radon being the second highest cause of lung cancer after cigarette smoking. Since it can't be seen, and it has no smell or taste, the only way determine the radon level in your home is to test for radon.
Providing radon reduction across America, SWAT Environmental Inc was founded in 1988 to focus on the real estate industry. SWAT Environmental is feeling the positive effects of the upturn in the economy, exceeding analysts' projections and reporting a 30% increase in sales of their radon mitigation systems in the first quarter of 2016, in comparison to 2015. With March being the biggest month on record for the company, they are also noticing the economy's positive impact on employment. A spokesman for the company reported that their technicians (installers) are being hired at rates not seen since the company's inception and they are not receiving as high a response to employment ads as they have in the past. These are all positive signs that unemployment is down, and the economy is on the rise.
The U.S News reported that jobs data indicates that the U.S. economy is back in action, with a report showing that more than 242,000 new positions were generated during February 2016. According to the New York Times, areas including the Denver, Seattle, Portland, Atlanta, and Orlando, are seeing rising employment and housing prices, with consumers spending more freely. Cities like San Jose, California and Austin, Texas are among those with the best performing labor markets. This is all encouraging news for the U.S economy, the property market, and for companies like SWAT Environmental who are helping to improve the lives and health of American citizens.
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SOURCE SWAT Environmental