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Housing starts rise as multi-family construction hits an all-time high.

• Sales of existing homes fall for the seventh straight month.
• Industrial production dips due to weaker utilities output.
• Worries about a possible rail strike failed to bolster the trucking spot market.
• Uncertainty over the averted rail strike shows up mostly in weaker intermodal volume.

• Falling fuel prices hit merchant wholesaler sales in July.
• Diesel prices ease while crude sinks to its lowest price since January.
• Mortgage rates rise to the highest level since November 2008.
• Spot rates rise in key trucking segments heading into the Labor Day holiday.

This is the beginning of a series of articles on electric vehicles. This is not meant to be an engineering series but a more general look that focuses on the broader history, the present situation, future uses, and potential problems of the new “Electric Age.”