Roanoke Times
Copyright (c) 1995, Landmark Communications, Inc.
DATE: TUESDAY, August 17, 1993 TAG: 9308170010
SECTION: BUSINESS PAGE: B6 EDITION: METRO
SOURCE: Staff report
DATELINE: LENGTH: Short
The index stood at 144.4 for both June and July this year. That compares with an index of 140.5 in July 1992 and means that goods and services costing $140.50 in July last year were priced at $144.40 last month.
Inflation is running at an annual rate of 2.8 percent so far this year.
In other items new to the Roanoke Valley economic indicators:
The number of new cars registered rose 25 percent. The Virginia Automobile Dealers Association said 674 cars were registered in the valley in July compared to 539 a year ago. The number also is up 4.5 percent from 645 in June.
For the first seven months of this year, 4,034 new cars were registered in the Roanoke Valley. That was an increase of 9.8 percent from 3,672 for the same period in 1992.
July's hot weather also boosted Appalachian Power Co. sales to a summer peak of 309,769,221 kilowatt hours, compared to 281,512,497 during the same month last year.
by CNB