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Watch Out for Softer Retail Sales and Industrial Production Data

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Watch Out for Softer Retail Sales and Industrial Production Data

Watch Out for Softer Retail Sales and Industrial Production Data
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Watch Out for Softer Retail Sales and Industrial Production Data

by TheStreet.com Videos 1:47 mins

Economic data out next week includes retail sales and industrial production for January, two reports that Chris Versace, RealMoney Pro contributor, says will be important to watch. As many retailers have reported January sales that were dampened by the harsh winter weather, Versace says a soft retail sales report from the Department of Commerce may be in store. Also, after industrial production rose in December for the fifth consecutive month, Versace says he actually anticipates this trend could change and the rate of increase could slow.

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