SUV sales in Tennessee jump fastest in the country
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KNOXVILLE, Tenn. - Sales of sport utility vehicles jumped 151 percent in Tennessee between 1997 and 2002 - faster than any other state and three times the national rate, a new government report says.
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Consumer prices jumped 3.3 percent last year as the biggest surge in fuel bills in 14 years pushed up inflation at the fastest pace since 2000, the government reported Wednesday.
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Auto sales soared 10% in September, led by a 25% surge at General Motors and increases for Chrysler and Toyota. GM had its biggest gain in two years after boosting rebates.
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U.S. new home sales jumped a  surprising 9.4 percent in August, the fastest acceleration of  sales in almost four years, as a fresh dip in mortgage interest  rates attracted buyers, a government report showed on Monday.
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Demand for passenger cars amid high gas prices drove U.S. sales increases in May for General Motors Corp., Toyota Motor Corp. and Nissan Motor Co. as industrywide sales rebounded slightly from a weak spring.
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Sales of new U.S. homes defied  predictions of a slowdown in April and rose 4.9 percent while  prices climbed, although the supply of homes for sale hit a  record, a government report showed on Wednesday.
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U.S. retail sales jumped a  larger-than-expected 1.2 percent in December as lower gas  prices left shoppers with more cash to spend, while cheaper oil  also pulled down import prices more than anticipated,  government reports showed on Thursday.
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Already, big American-style four-by-fours are here. Soon, the roads of Europe will be dotted with smaller and medium-sized versions of the sports utility vehicle (SUV), one of the fastest-growing car segments.
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US inflation rose more quickly than expected in May, as higher petrol costs hit consumer prices.
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RISMEDIA, Dec. 29 - Low interest rates helped the market for existing single-family home sales to set the highest monthly pace on record in November, according to the National Association of Realtors.
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Sales of existing U.S. homes  unexpectedly rose by 2.7 percent in November as low mortgage  rates fueled a record pace of home-buying, a trade association  report showed on Wednesday.
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The average price U.S. consumers paid for gasoline jumped 6.1 cents over the last week to the highest level since early August, the government said on Monday, reflecting record crude oil prices.
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Sales of existing homes were up both nationally and in Lee County in November, according to statistics released today. Meanwhile, the median price for a single-family home also continued to rise both locally and nationally.
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Ford Motor Co.  dropped from second to fourth in U.S. auto sales in November as they slid a steeper-than-expected 10 percent, while Toyota Motor Corp.'s  sales surged 16 percent to put it in the No. 2 spot.
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U.S. factory orders rose at the  fastest rate in four months during November as strong demand  for new commercial aircraft pushed business up by 1.2 percent  to a seasonally adjusted $377.42 billion, the Commerce  Department said on Tuesday.
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Sales of existing US homes unexpectedly rose by 2.7 percent in November as low mortgage rates fueled a record pace of home-buying, a trade association report showed on Wednesday.
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U.S. retail gasoline prices increased for the first time in 10 weeks, while truckers saw their diesel fuel costs drop for a second week, the Energy Department said on Monday.