The Week Ahead

CONSTRUCTION SPENDING Tuesday, Sept. 3, 10 a.m.

Spending on building projects probably advanced by a small 0.4% in July, according to economists polled by MMS International, a unit of McGraw-Hill Inc. However, the increase may be higher than expected, as indicated by the 7% gain in new construction contracts in July, reported by McGraw-Hill's F. W. Dodge Div. In June, construction spending rose by only 0.3%, as weakness in nonresidential building offset gains elsewhere.

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