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U.S. Construction Spending Inches Up Less Than Expected In July

A report released by the Commerce Department on Tuesday showed a modest uptick in construction spending in the U.S. in the month of July.

The Commerce Department said construction spending inched up by 0.1 percent to an annual rate of $1.315 trillion in July after falling by 0.8 percent to a revised rate of $1.314 trillion in June.

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by RTTNews Staff Writer

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