This week the focus will be on the State’s labour market, with live register figures due for release on Wednesday. The figures will be closely watched for any signs that unemployment levels declined in January, following the drop in the seasonally-adjusted live register numbers in December.
Meanwhile Thursday’s exchequer return figures will give a snapshot of Ireland’s budgetary position in the opening month of 2012.
Meeting:SFI funding announcement at University of Limerick; NUIM conference 'Networks and Flows in Economic Space'
Indicators:US Personal Consumption Expenditures (Dec); German Consumer Price Index (Jan)
Other: French president Nicolas Sarkozy, Italian prime minister Mario Monti and German chancellor Angela Merkel meet before a European Council meeting
Results:Amazon.Com; Archer-Daniels-Midland; Banco Santander; Biogen Idec; British Sky Broadcasting; Eli Lilly; Exxon Mobil; Jones Lang Lasalle; Pfizer; Siemens
Indicators: EMU Unemployment Rate (Dec); Irish Private-Sector Credit (Dec) and Job Churn 2010; US S&P/Case-Shiller Home Price Indices (Nov), Chicago Purchasing Managers' Index (Jan) and Consumer Confidence (Jan); UK Gfk Consumer Confidence (Jan), Net Lending to Individuals (Dec) and Consumer Credit (Dec); German Unemployment Rate (Jan); OECD composite leading indicators
Other: US Congressional Budget Office issues "The Budget and Economic Outlook"
WEDNESDAY, February 1st
Meeting:Irish Medical Device Association to publish four-year strategy (2012-2015) for the med-tech sector (Merrion Hotel)
Indicators:EMU Purchasing Manager Index Manufacturing (Jan); Irish Live Register (Jan) and Manufacturing PMI (Jan); US ADP Employment Change (Jan), Construction Spending (Dec) and ISM Manufacturing (Jan); UK Nationwide Housing Prices (Jan); German Purchasing Manager Index Manufacturing (Jan)
Other:Launch of report on economic impact of Punchestown festival by
Minister for Agriculture Simon Coveney; ECB publishes its first quarter bank lending survey
THURSDAY, February 2nd
Results:Allergan; AstraZeneca; Deutsche Bank; Edwards Lifesciences; Mastercard
Meeting:Annual Dinner of the Society of Chartered Surveyors Ireland (Burlington Hotel, D4); Business in the Community Ireland to run free information session on the Business Working Responsibly Mark (Chartered Accountants Ireland, Pearse St, D2); Dublin Chamber Business Breakfast with Eamonn Sinnott of Intel; 2012 David Manley Emerging Entrepreneur of the Year Award (Mason Hayes+Curran)
Indicators:EMU Producer Price Index (Dec); Irish Central Bank Quarterly Bulletin (Q1) and Exchequer Returns (Jan); US Initial Jobless Claims (Jan 28th) and Continuing Jobless Claims (Jan 21st); UK PMI Construction (Jan)
Other:Joint Oireachtas Committee on European Union Affairs meeting on the draft International Agreement on a Reinforced Economic Union; EU economic and monetary affairs commissioner Olli Rehn to address European Parliament mini-session; US Federal Reserve Chairman Ben Bernanke testifies on the state of the US economy before the House Budget Committee
FRIDAY, February 3rd
Meeting: Annual Cork Chamber Dinner; President Michael D Higgins to open Ireland’s first student economic forum (TCD)
Indicators: EMU Purchasing Manager Index Services (Jan) and Retail Sales (Dec); Irish Services PMI (Jan); US Non-farm Payrolls (Jan), Unemployment Rate (Jan) and Average Hourly Earnings (Jan) ; UK Halifax House Prices (Jan); German Purchasing Manager Index Services (Jan)