Matt Ott

Government, Business

Home Construction Rebounds a Strong 11.8% in November

Home Construction Rebounds a Strong 11.8% in November **HOLD FOR BIZ** New home construction in Philadelphia, Pa. (Matt Rourke/Associated Press)

New home construction in the U.S. rebounded 11.8% in November as strong demand continues to boost builder confidence even with the slower winter season approaching.

Matt Ott | Associated Press
December 16, 2021
Business

Home Construction Dips 0.7% in October

Home Construction Dips 0.7% in October A mason shovels a cement mixture as he prepares to lay down bricks on the exterior wall of a new house in Flowood, Miss. (Rogelio V. Solis/Associated Press)

Construction of new homes in the U.S. fell 0.7% in October, but a big jump in the number of permits last month points to anticipation by builders that supply chain problems that have dogged them for much of the year will soon ease.

Matt Ott | Associated Press
November 17, 2021
Government, Business

US Budget Deficit Eases to $165 Billion in October

US Budget Deficit Eases to $165 Billion in October The U.S. Treasury Department building at dusk. (Patrick Semansky/Associated Press)

The U.S. monthly budget deficit fell in October as the government collected more taxes from individuals and corporations thanks to a much improved economy emerging from the coronavirus pandemic.

Matt Ott | Associated Press
November 10, 2021
Government, Business

Home Construction Declines 1.6% in September

A mason shovels a cement mixture as he prepares to lay down bricks on the exterior wall of a new house in Flowood, Miss. A mason shovels a cement mixture as he prepares to lay down bricks on the exterior wall of a new house in Flowood, Miss. (Rogelio V. Solis/Associated Press)

SILVER SPRING, Md. — Home construction fell 1.6% in September as builders continue to be tripped up by supply chain bottlenecks.

Matt Ott | Associated Press
October 19, 2021
Government, Business

Industrial Production Falls 1.3% as Effects From Ida Linger

Ford van assembly Ford production at its Kansas City Assembly Plant. (Ford via TCA)

SILVER SPRING, Md. — U.S. industrial production fell 1.3% in September, much more than expected as the lingering effects of Hurricane Ida continue to stymie activity.

Matt Ott | Associated Press
October 18, 2021
Business, Fuel

Electrify America to Double EV Charging Stations by 2025

A Chevrolet Bolt charges at an Electrify America site A Chevrolet Bolt charges at an Electrify America site outside the Colorado Mills outlet mall in downtown Lakewood, Colo. (David Zalubowski/Associated Press)

SILVER SPRING, Md. — Electrify America, an electric vehicle charging network funded with money paid by Volkswagen as punishment for its emissions cheating scandal, said it plans to more than double its number of charging stations throughout the United States and Canada.

Matt Ott | Associated Press
July 13, 2021
Government, Business

US Trade Deficit Rises 1.9% in January

Cranes at Port of Tacoma Cranes take containers off a Yang Ming Marine Transport ship at the Port of Tacoma in Washington. (Ted S. Warren/Associated Press)

SILVER SPRING, Md. — The U.S. trade deficit rose 1.9% in January as the coronavirus pandemic continued to disrupt global commerce.

Matt Ott | Associated Press
March 5, 2021
Business, Technology, Fuel

Volvo to Make Only Electric Vehicles by 2030

Volvo XC40 The Volvo XC40 Recharge electric SUV is displayed during an event in Los Angeles in October 2019. (Patrick T. Fallon/Bloomberg News)

Volvo says it will make only electric vehicles by 2030. But if you want one, you’ll have to buy it online.

Matt Ott | Associated Press
March 2, 2021
Business, Equipment

Goodyear Acquires Cooper in All-American Tire Deal

Goodyear sign Evert Nelson/The Topeka Capital-Journal via AP, File

Goodyear Tire & Rubber Co. is acquiring Cooper in a deal with an equity value of $2.8 billion that will combine the two century-old Ohio manufacturers.

Matt Ott | Associated Press
February 22, 2021
Government, Business

Factories Grow at Slower Pace in January

cigar maker Zeida Hernandez makes cigars at the J.C. Newman Cigar Co. in Tampa. (Douglas R. Clifford/Tampa Bay Times via AP)

SILVER SPRING, Md. — American factories grew in January, but at a slower pace than December.

Matt Ott | Associated Press
February 1, 2021

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