Here comes industrial production ...

The latest data on industrial production and capacity utilization will be released at 9:15 a.m. ET .

The consensus forecast is that industrial production rose 0.4% in January from December, while capacity utilization was 76.7%.

Cutbacks in mining and utilities contributed to a 0.4% drop in industrial production last month. If production rises, it would only be the third time in the past year, as industry continues to cope with setbacks from weak demand and the strong dollar.

UBS economists noted in a preview that much of the rise would probably reflect a weather-related increase in utilities usage.

Refresh this page for updates.

NOW WATCH: Here’s the question that prompted Cam Newton to storm out of his postgame press conference

Business Insider Emails & Alerts

Site highlights each day to your inbox.

Follow Business Insider Australia on Facebook, Twitter, LinkedIn, and Instagram.