WASHINGTON—U.S. construction spending fell for a third straight month, government data showed on Dec. 3, while private-sector figures showed an uptick in manufacturing order growth but offered a mixed view on overall factory activity.
The data comes as many investors are watching for signs the Federal Reserve’s three-year tightening cycle could be coming to a close after an expected hike this month, which would be the fourth by the U.S. central bank this year.
