Summary Box: Construction spending sees uptick

AP News
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Posted: Jun 01, 2011 6:32 PM
Summary Box: Construction spending sees uptick

CONSTRUCTION UP: Builders began work on more home-remodeling projects in April, pushing construction spending up a modest 0.4 percent.

STILL WEAK: The increase barely lifted spending above its lowest level in more than a decade as the building sector remains a drag on the overall economy. Spending on government projects fell as did spending on office buildings, shopping centers and hotels.

OUTLOOK: The weakness in construction is another sign that the economy has hit a second "soft patch" nearly two years after the 2007-2009 recession ended.