Ken Simonson, chief economist for the Associated General Contractors of America provided the following comment in response to today's construction spending numbers released by the U.S. Census Bureau:

Bad news underlies the rosy top-line figure in today's report on construction spending from the Census Bureau. Census reported that total construction put in place climbed 0.8 percent from March to April at a seasonally adjusted annual rate, with private residential construction finally rallying 0.7 percent after years of steep declines.

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