U.S. industry is in prosperity for the seventh month

According to FED; U.S. industrial production increased greater-than-expected, by 0.9 percent in January.

The experts interviewed by Reuters expected a more modest, 0.7 percent expansion of the industrial production.
The U.S. industrial production in January increased for the seventh consecutive months.
The manufacturing production grew by 1.0 percent in January, which is a significant change after the 0.1 percent decline of December – reports MTI.