Summary: p Construction contractor Mike Day works on building a new home in Springfield, Ill., Monday, Mar. 16, 2009. The Commerce Department reported Tuesday that housing construction surged 22.2 percent in February to a seasonally adjusted annual rate of 583,000 units. Even with the big gain, which took economists by surprise, construction activity is 47.3 percent below the level of a year ago as the housing sector remains mired in its worst slump in decades. /p
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