SILVER SPRING, Md. — The U.S. services sector, where most Americans work, registered its fifth consecutive month of expansion in October.
The U.S. trade deficit fell in September after hitting a 14-year high in August as exports outpaced imports.
U.S. consumer prices rose slightly in September, led again by sharp increases in the index for used vehicles.
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.
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.