US: Industrial production likely to rebound in August – TD Securities

Sandeep Kanihama FXStreet Contributor

Analysts at TD Securities are expecting the US industrial production growth to rebound to 0.1% in Aug, up from a -0.2% contraction in the previous month (mkt +0.2%).

Key Quotes

“We expect a 0.3% gain in manufacturing activities to be the main driver behind IP growth, following the -0.4% tumble in July.”

Author

Sandeep Kanihama

FXStreet Contributor

Sandeep Kanihama is an FX Editor and Analyst with FXstreet having principally focus area on Asia and European markets with commodity, currency and equities coverage. He is stationed in the Indian capital city of Delhi.

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