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

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.”