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Construction Materials Market StabilizingConstruction materials shipments increased 0.4% in the three months through February Since production fell 0.8% over the same period, orders were met by reducing inventory. The inventory/sales ratio fell from 1.52 to 1.34 over the last year. The current level is only slightly above inventory reserve targeted by manufacturers. Materials suppliers operated with an inventory/sales ratio as low a 1.2 during the period of rapid market growth early in 2006 but quickly raised production to get back to a 1.30-1.35 inventory/ sales ratio. Hence materials suppliers are set to raise production in line with the rising materials demand expected in the next few months. The early signs of a tightening market have already appeared. Gypsum and metal product suppliers have … New Products, Specs & BIM Objects in SmartBuilding Index
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US Construction Projects| Commercial Projects (total value) | |
| Pre-Bid Phase: | $1,304,045,508,116 |
| Bid Phase: | $22,283,550,380 |
| Post-Bid Phase: | $1,801,953,813,590 |
| Civil Projects (total value) | |
| Pre-Bid Phase: | $140,284,773,657 |
| Bid Phase: | $13,399,060,056 |
| Post-Bid Phase: | $528,336,019,251 |
Canadian Construction Projects
| Commercial Projects (total value) | |
| Pre-Bid Phase: | $478,758,533,980 |
| Tender Phase: | $5,063,957,521 |
| Post-Bid Phase: | $45,755,983,383 |
| Civil Projects (total value) | |
| Pre-Bid Phase: | $326,769,125,832 |
| Tender Phase: | $944,957,266 |
| Post-Bid Phase: | $51,264,174,763 |
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