Construction spending falls 0.6 pct. in May (AP)

AP - Builders began work on fewer projects in May, led by steep declines in spending on government projects. Construction spending fell to just above its lowest level in more than a decade, evidence that industry remains too weak to boost the economy.

Source: http://us.rd.yahoo.com/dailynews/rss/economy/*http://news.yahoo.com/s/ap/20110701/ap_on_bi_go_ec_fi/us_construction_spending

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