Construction spending shrank again in May, dropping 8 percent from a year earlier, although homebuilding and stimulus-funded public works increased from year-ago levels, according to ÎÚÑ»´«Ã½'s analysis of new Census Bureau data.
"Stimulus has made a difference, but Congress needs to provide long-term funding for transportation and water projects to assure further economic growth," said Ken Simonson, ÎÚÑ»´«Ã½'s chief economist.
Read ÎÚÑ»´«Ã½'s press release . ÎÚÑ»´«Ã½ was quoted on
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