Matt Ott

Government, Business

Services Sector Expands for Fifth Straight Month

Workers at restaurant Mark Abramson/Bloomberg

SILVER SPRING, Md. — The U.S. services sector, where most Americans work, registered its fifth consecutive month of expansion in October.

Matt Ott | Associated Press
November 4, 2020
Government, Business

Trade Deficit Falls to $63.9 Billion in September

containership Ted S. Warren/AP

The U.S. trade deficit fell in September after hitting a 14-year high in August as exports outpaced imports.

Matt Ott | Associated Press
November 4, 2020
Government, Business

Consumer Prices Rise 0.2% in September; Used Vehicles Spike

A business displays a sale sign in Surfside, Fla., on Oct. 12. (Wilfredo Lee/Associated Press)

U.S. consumer prices rose slightly in September, led again by sharp increases in the index for used vehicles.

Matt Ott | Associated Press
October 13, 2020
Government, Business, Equipment

Home Construction Jumps 17.3% in June

Construction workers build a new home in Houston on June 23. Construction workers build a new home in Houston on June 23. (David J. Phillip/Associated Press)

Construction of U.S. homes jumped 17.3% in June as some states reopened, but the pace still lags last year after this spring’s massive slowdown in building activity due to the coronavirus outbreak.

Matt Ott | Associated Press
July 17, 2020
Business, Equipment, Logistics

Manufacturing Bounces Back in June on Reopenings

Ford employees work on a ventilator at a plant in Michigan on May 13. Ford employees work on a ventilator at a plant in Michigan on May 13. (Carlos Osorio/Associated Press)

U.S. manufacturing rebounded in June as major parts of the country opened back up, ending three months of contraction in the sector caused by the coronavirus pandemic.

Matt Ott | Associated Press
July 1, 2020
Business, Safety

Bell Rings Again at New York Stock Exchange as Floor Reopens

Trader Daniel Krieger signals a thumbs-up as he arrives at the NYSE where the trading floor reopened May 26. Trader Daniel Krieger signals a thumbs-up as he arrives at the NYSE where the trading floor reopened May 26. (Mark Lennihan/Associated Press)

The trading floor of the New York Stock Exchange reopened for the first time in two months with Gov. Andrew Cuomo ringing the iconic bell, but the controlled chaos was more subdued May 26 under new pandemic rules.

Matt Ott | Associated Press
May 26, 2020
Government, Business

Factory Orders Fall 2%; Transportation Equipment Orders Dive 5.9%

Man carries TV John Locher/AP

WASHINGTON — Orders to U.S. factories for big-ticket manufactured goods fell 2% in November, led by a large decrease in orders for defense aircraft and parts. Transportation equipment orders fell 5.9%, its biggest decline since May.

Matt Ott | Associated Press
December 23, 2019
Government, Business

US Services Companies’ Growth Rebounds in October

Man serving drink Barista Porter Hahn makes an iced coffee drink for a customer in a coffee shop in Seattle on Nov. 4, 2019. (Elaine Thompson/Associated Press)

WASHINGTON — Growth in the vast U.S. service sector rebounded in October after sinking to a three-year low in September, causing concern for investors and economists.

Matt Ott | Associated Press
November 5, 2019