The Week Ahead – Monday 22/02/21

Here’s what to expect in the week ahead:
Economic growth in Australia going strong this week, notably in the construction & business investment industries.
➡️ Monday
• AUS ABS household impacts of Covid-19 (Survey for January)
• US Leading index (January – Rose 0.3% in December )
➡️ Tuesday
• AUS Weekly consumer sentiment index (February 21 – Sentiment is near the long-run average)
• AUS Preliminary International trade (January – Trade surpluses are the norm)
• US House price index (January – Prices are up 11% on the year)
• US Consumer confidence (February – Likely to indicate caution on the outlook)
➡️ Wednesday
• AUS Wage price index (December quarter – A modest 0.3% rise is expected)
• AUS Construction work done (December quarter) – Housing is an input to economic growth
• US New home sales (January – December was first rise in 5 months)
➡️ Thursday
• AUS Detailed labour force (January – Includes jobs by industry)
• AUS Business investment (December quarter – Includes investment plans)
• AUS Average weekly earnings (November – Provides dollar figures for wages)
• US Economic growth (December quarter – Second estimate for the quarter)
• US Durable goods orders (January – Measure of business investment)
➡️ Friday
• AUS Private sector credit (January – Credit may have lifted 0.3%)
• AUS Business conditions & sentiment (February – Survey from Bureau of Statistics)
• US Personal income/spending (January – Spending fell 0.2% in December)

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