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Construction Spending Up 0.3% In June

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The U.S. Commerce Department revealed that construction spending rose 0.3 percent in June. This followed a revised 0.8 percent slide in May.

Private construction slipped 0.1 percent, though residential construction spending was up 0.5 percent.

The report showed that public construction spending was up 1.0 percent.

(Market News Provided by RTTNews)

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