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UPDATE:Construction spending grew in line with expectations in June, up 0.4 per cent new data from the Census Bureau shows.
At that pace, spending climbed to an annualized pace of $842.1 billion.
May figures were revised higher, to a 1.6 per cent gain.
Private and residential construction continued to boost the headline figures, up 0.7 and 1.3 per cent, respectively.
Construction spending is expected to grow at a slower pace in June.
Economists polled by Bloomberg forecast spending grew 0.4 per cent, below the 0.9 per cent expansion logged in May.
The announcement is scheduled for 10:00 a.m.