Import prices up 0.1% in July after declines in June and May; export prices rise 0.4%. 08/15/2017. U.S. import prices edged up 0.1 percent in July, led by higher fuel prices which more than offset lower prices for nonfuel imports. Import prices rose 1.5 percent over the past 12 months.
1 The origin of the first American flag is unknown. Some historians believe it was designed by New Jersey Congressman Francis Hopkinson and sewn by Philadelphia seamstress Betsy Ross.  The name Old Glory was given to a large, 10-by-17-foot flag by its owner, William Driver, a sea captain from Massachusetts.
The iconic 1893 painting of Ross sitting in her Philadelphia parlor with the sun beaming down on the flag in her lap is a scene invented by Charles H. Weisgerber, the artist and entrepreneur who profited from the Betsy Ross legend. While Ross did make flags in Philadelphia in the late 1770s, it is all but certain that the story about her creating the American flag is a myth. As President Woodrow Wilson, who presided over the first official national Flag Day on June 14, 1916, is said to have replied when asked his thoughts on the story: âWould that it were true.â