Monday, January 30, 2006

Quick Overview

  • The Department of Commerce said that December’s personal incomes were up 0.4% while consumer spending was up 0.9%.

  • Japan's retail sales were up 1.1% in 2005, the first annual increase in nine years. Industrial production was up 1.3% in 2005.

  • Kansas may be the next state to follow Minnesota’s lead in mandating biodiesel, if its legislature passes a bill introduced in the state Senate Jan. 19 that would require all diesel sold in Kansas to contain a blend of at least 2% of fuel derived from vegetable oils or animal fats.

  • Exxon Mobil Corp. posted record profits for any U.S. company on Monday -- $10.71 billion for the fourth quarter and $36.13 billion for the year.

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