An ironworker walks across a beam on a building under construction at Drexel University, Monday, July 9, 2012, in Philadelphia. U.S. construction spending likely increased in June, helped by further gains in home construction. In May, construction spending increased 0.9 percent to a seasonally adjusted annual rate of $830 billion. The annual rate of spending is 11.3 percent above a 12-year low hit in February 2011. Still, the level of spending is about half of what economists consider to be healthy. The construction industry is showing signs of improvement while other parts of the economy have slumped. (AP Photo/Brynn Anderson)

Associated Press
An ironworker walks across a beam on a building under construction at  Drexel University, Monday, July 9, 2012, in Philadelphia. U.S. construction spending likely increased in June, helped by further gains in home construction. In May, construction spending increased 0.9 percent to a seasonally adjusted annual rate of $830 billion. The annual rate of spending is 11.3 percent above a 12-year low hit in February 2011. Still, the level of spending is about half of what economists consider to be healthy. The construction industry is showing signs of improvement while other parts of the economy have slumped. (AP Photo/Brynn Anderson)
An ironworker walks across a beam on a building under construction at Drexel University, Monday, July 9, 2012, in Philadelphia. U.S. construction spending likely increased in June, helped by further gains in home construction. In May, construction spending increased 0.9 percent to a seasonally adjusted annual rate of $830 billion. The annual rate of spending is 11.3 percent above a 12-year low hit in February 2011. Still, the level of spending is about half of what economists consider to be healthy. The construction industry is showing signs of improvement while other parts of the economy have slumped. (AP Photo/Brynn Anderson)
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