Economy Week Ahead: Consumer Confidence, GDP, Household Income
23 Febrero 2020 - 02:29PM
Noticias Dow Jones
By WSJ Staff
Data out this week could provide an early look at how the
coronavirus epidemic is affecting the global economy and how U.S.
consumers are faring early in the year.
Tuesday
The Conference Board will issue its reading of U.S. consumer
confidence in February. Watch to see if the coronavirus epidemic
and the presidential election campaign are affecting Americans'
mood about the economy.
Thursday
The European Commission will provide a fresh assessment of how
businesses in the eurozone have responded to the coronavirus
epidemic, which threatens to disrupt their supply chains and sales
to China and other Asian markets. Economists expect the monthly
economic sentiment indicator to record a weakening of confidence
during February.
The U.S. Commerce Department will issue its second estimate of
fourth-quarter gross domestic product. Watch for revisions
reflecting newly available December data, a month when the U.S. and
China reached a trade truce and Congress passed a government
spending measure.
Friday
China's factory activity is likely to show a notable impact from
the coronavirus epidemic. China's official purchasing managers
index, released on Saturday morning in China, is forecast to drop
to 45 in February from January's 50, according to economists
surveyed by The Wall Street Journal. Readings below 50 indicate a
contraction. The forecasted reading would be the lowest since the
global financial crisis in 2008.
Earlier, the Commerce Department will publish January household
income, consumer spending and inflation data.
(END) Dow Jones Newswires
February 23, 2020 15:14 ET (20:14 GMT)
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