Jim Christy, with Whittington painting, stains five-paneled doors at a new home Tuesday, July 10, 2012, in Pepper Pike, Ohio. U.S. construction spending likely increased in June, helped by further gains in home construction. In May, construction spending increased 0.9 percent to a seasonally adjusted annual rate of $830 billion. The annual rate of spending is 11.3 percent above a 12-year low hit in February 2011. Still, the level of spending is about half of what economists consider to be healthy. The construction industry is showing signs of improvement while other parts of the economy have slumped. (AP Photo/Tony Dejak)

Associated Press
Jim Christy, with Whittington painting, stains five-paneled doors at a new home Tuesday, July 10, 2012, in Pepper Pike, Ohio. U.S. construction spending likely increased in June, helped by further gains in home construction. In May, construction spending increased 0.9 percent to a seasonally adjusted annual rate of $830 billion. The annual rate of spending is 11.3 percent above a 12-year low hit in February 2011. Still, the level of spending is about half of what economists consider to be healthy. The construction industry is showing signs of improvement while other parts of the economy have slumped. (AP Photo/Tony Dejak)
Jim Christy, with Whittington painting, stains five-paneled doors at a new home Tuesday, July 10, 2012, in Pepper Pike, Ohio. U.S. construction spending likely increased in June, helped by further gains in home construction. In May, construction spending increased 0.9 percent to a seasonally adjusted annual rate of $830 billion. The annual rate of spending is 11.3 percent above a 12-year low hit in February 2011. Still, the level of spending is about half of what economists consider to be healthy. The construction industry is showing signs of improvement while other parts of the economy have slumped. (AP Photo/Tony Dejak)
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