US: Industrial production likely to increase by 0.1% in January - TDS

Analysts at TD Securities are looking for the US industrial production to post a 0.1% increase in January (market: 0.1%), helped by unseasonably cold temperatures that will fuel utilities output.

Key Quotes

“Import prices are projected by the market to decline by 0.2% in January, while Empire Manufacturing is expected to improve to 7.0 for February.”

“University of Michigan Consumer Sentiment for February will round out the data calendar, with the market looking for the index to recover to 93.5 after a sharp pullback in January.”