Tuesday, January 10, 2006

Quick Overview

  • The U.S. Commerce Department said that wholesale sales were down 0.7% in November while inventories were up 0.4%.

  • U.S. Consumer confidence, steadily improving since last fall, rose in the latest week, ABC News and The Washington Post said on Tuesday.

  • The national average retail price of diesel fuel rose 4.3 cents to $2.485 a gallon, the Department of Energy reported.

  • Turkey said that they destroyed 306,000 birds in an attempt to stop the spread of bird flu.

  • YoY retail sales in the U.K. increased 2.6% in December.

  • Sales of new cars in Venezuela soared 70 percent in 2005 from a year earlier as the economy expanded 9.4 percent and consumer spending grew, the Venezuelan Automobile Chamber said on Tuesday.

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