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What's New
As summer approaches, the Minneapolis-St. Paul economy appears to be thawingThe Minneapolis-St. Paul economy is definitely still underwater, with employment having fallen by 2.7% (-47,000) over the past year and an unemployment rate of 7.3% in December. Given that employment for the country as a whole is down by 3.1% over the same period, however, and that the national unemployment rate is 10%, the Twin Cities economy has not suffered as much as many major metro areas. During the final quarter of 2009, there was evidence of a gradual pickup in overall activity, reflected by increased job growth in education and health services, government services and transportation and trade. Although goods producing industries, including manufacturing and construction, are still shrinking – according to the read entire story New Products, Specs & BIM Objects in SmartBuilding Index
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US Construction Projects| Commercial Projects (total value) | |
| Pre-Bid Phase: | $1,284,564,495,881 |
| Bid Phase: | $25,260,591,936 |
| Post-Bid Phase: | $1,777,087,465,574 |
| Civil Projects (total value) | |
| Pre-Bid Phase: | $141,705,717,018 |
| Bid Phase: | $13,469,680,558 |
| Post-Bid Phase: | $519,772,354,593 |
Canadian Construction Projects
| Commercial Projects (total value) | |
| Pre-Bid Phase: | $475,943,614,533 |
| Tender Phase: | $5,522,785,000 |
| Post-Bid Phase: | $44,230,437,018 |
| Civil Projects (total value) | |
| Pre-Bid Phase: | $125,804,791,130 |
| Tender Phase: | $791,887,400 |
| Post-Bid Phase: | $49,769,614,312 |
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