Summary
WASHINGTON - Builders began work on more home-remodeling projects in April. But the increase barely lifted construction spending above its lowest level in more than a decade, a sign that the troubled industry remains too weak to help the economy.
Construction spending rose 0.4 percent in April, the Commerce Department reported Wednesday. The strength came from a big percent jump in spending on home improvement projects. That helped offset declines in single-family homes and apartment construction.See the full content of this document
Extract
Construction Spending Rose Slightly in April
The overall increase followed a tiny 0.1 per...
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